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Here’s what we’ve got for the best biotech stocks, shall we?

In biotechnology, products and services related to health are developed by applying microbes and cellular biology. A biotechnology company typically develops a wide range of products and services rather than exclusively therapies. As a result, the best biotech stocks make an appealing investment for portfolios. Biotech processes are increasingly being used in fields such as biofuels, healthcare, and medicine.

Best biotech stocks come with a very high level of risk since these companies spend a great deal of resources and time developing medicines that may never be commercialized. A biotech product typically requires research and fundraising before it is approved by the FDA (Food and Drug Administration). A drug may take years to become a profitable product.

Analysts claim, however, that the biotech sector is currently at a peak. Scientists have now been able to diagnose, treat, and even prevent diseases thanks to the industry. Therefore, you cannot ignore the best biotech stocks under any circumstances.

By developing drugs and products that could change the world, the biotechnology industry strives to change the world. Moreover, in recent times, as a result of vaccines and treatments being developed for COVID-19, a number of biotech companies have seen enormous growth.

The Longeveron Inc. (NASDAQ: LGVN) went up by 11.78% in Friday’s trading session, a fall equivalent to $2.12 from the previous market close price. The lowest point that the shares touched during the trading session were $20.01, while the peak of the day was recorded at a share price of $26.00. LGVN finished the previous session at $18.00 according to the data provided by Barchart, while the trading volume was observed to be 28.52 million.

Longeveron Inc. (NASDAQ: LGVN) share prices have decreased by -34.40% over the past week, but are up 437.97% in the last quarter. Going further back, the stock’s price has gone over 189.50% over the last 6 months but is up 171.52% in year-to-date trading.

With over 3.87 million Dicerna Pharmaceuticals Inc. (DRNA) shares trading Friday and a closing price of $38.25 on the day, the dollar volume was approximately 3.87 million. The shares have shown a positive weekly performance of 0.68% and its price on 12/03/21 gained nearly 0.34%. Currently, there are 77.75M common shares owned by the public and among those 72.31M shares have been available to trade.

In terms of its performance, DRNA is up 54.86% over the past year, and it is up 0.68% over the last week. The stock’s price index is 78.57% higher over one month and 80.08% higher over three months. It is showing a 16.01% return in the past six months.

The shares of Seres Therapeutics Inc. (MCRB) dipped by -6.56% during the trading session on Friday, reaching a low of $10.54 while ending the day at $11.69. During the trading session, a total of 2.51 million shares were traded which represents a -29.99% decline from the average session volume which is 1.93 million shares. MCRB had ended its last session trading at $10.68.

MCRB stock gained 14.22% during the last week and rose 51.92% over the last one-month period. Shares of this company’s stock rose 59.88% throughout the last quarter. Within the last six months, the stock has decreased -45.17%, with a full-year loss of -57.74%. At the time of writing, this stock’s year-to-date (YTD) price performance is now negative at -56.41%.

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