Is biotech the new bit­coin? A top an­a­lyst draws some un­com­fort­able com­par­isons to a cer­tain cryp­tocur­ren­cy as 'biotech ma­ni­a' flour­ish­es

What does bit­coin have to do with biotech?

Noth­ing…and every­thing, says Ever­core ISI an­a­lyst Josh Schim­mer, who’s been watch­ing the biotech IPO mar­ket go bonkers …

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