The biotechnology industry is both time-consuming and expensive when it comes to research and development of products. This means that investors will often wait years before even knowing whether or not the new drug under development they have invested in will ever pay off. Some of the largest biotechnology companies in the world include Amgen Inc. (AMGN), Biogen Inc. (BIIB) and Regeneron Pharmaceuticals (REGN). With Covid-19 causing a modern day gold rush (but with vaccines) biotech stocks have shown attractive returns. Here are the top 3 stocks to keep an eye on in 2021. Novavax Inc. (NVAX) This clinical-stage biotech company based in Maryland focuses on vaccines that address a wide range of infectious diseases. Novavax is responsible for the discovery, development and the commercialization of these vaccines. The firms vaccine candidates currently include the likes of ResVax and NanoFlu. . With 2021 revenue forecasts expected to increase 181% year on year. This stock has potential. Tr...
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