$Regencell Bioscience(RGC.US) rose five to six points, which is quite eye-catching. $Moderna(MRNA.US) also rose two to three points. Biopharmaceuticals were a rare bright spot on a down day. $HENGRUI PHARMA(01276.HK), $Intuitive Surgical(ISRG.US), and $Recursion Pharmaceuticals(RXRX.US) basically didn't move much 😸
Capital is shifting from high-beta chips to more defensive pharmaceuticals. Large pharmaceutical and medical device companies are holding steady, while small-cap stocks with clinical catalyst expectations can still bounce up a bit.
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