Biotech job mar­ket bot­toms out, hint­ing at po­ten­tial come­back, ac­cord­ing to Jef­feries

The num­ber of biotech job post­ings tum­bled last year, but post­ings ap­peared to sta­bi­lize in the last few months of 2023, in­di­cat­ing that a re­bound for the biotech sec­tor is pos­si­ble this year, ac­cord­ing to in­vest­ment bank Jef­feries.

“Biotech job posts may now be back on the pre-Covid growth trend, a sig­nal of con­fi­dence in fu­ture per­for­mance,” Jef­feries an­a­lysts wrote in a note Thurs­day night.

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.

SIGN UP LOG IN BECOME A PREMIUM SUBSCRIBER