Nov. 27 at 3:37 PM
The XBI is up 14% the last 3 weeks, trading higher 12 of the last 16 days.
It appears commercial-stage oncology is finally starting to catch up as more than half beat the XBI over this period. Attached is a list of all such bios since the XBI began its latest surge after 11/4/25's close
$RIGL has been the best stock in this peer group over this time
$NUVB was #2 but did report new data
We thought
$IMCR was doomed to trade at 3X KimmTrak sales forever (between
$30 &
$35) until the Phase 3 reads in late 2026
$JAZZ is more impressive because its capital structure includes considerable debt (hence share price gains are more than linear to valuation)
Even the mega bio
$EXEL beat the index
Eventually, LEGN has to turn
This is not investment advice.