10 biotech companies to watch in 2023

2022 is nearing its conclusion. Here is a selection of international biotech firms that we will be keeping an eye on in 2023. Biotech markets have had a great deal of uncertainty in 2022, which has caused stocks to fall or become volatile. Many biotech companies even trade with market capitalizations that are less than the amount of cash they have on hand. Nevertheless, amid the chaos, life sciences investors like the European powerhouse Sofinnova look for possibilities. Throughout the year, there have been numerous sizable funding rounds, encouraging clinical readouts, and product approvals. We have created a shortlist of 10 biotech businesses to keep an eye on in 2023 with the assistance of investors and analysts.