BioCentury
ARTICLE | Product Development

The uncertainty principle: Hello, 2025

BioCentury’s analysts look back at a year when innovation was hot, but markets were not, and predict what’ll make news in 2025

December 30, 2024 10:00 PM UTC

The capital markets played Lucy and the football with biotechs this year, as companies stood like Charlie Brown trying to kick that ball, hoping this time the recovery was real, only to have it yanked away again.

Next year might be more of the same. Donald Trump’s election sent the markets up, and then crashing down when he announced Robert F. Kennedy Jr, a prominent anti-vaxxer, as his pick for HHS secretary. ...