Biotech And Healthcare Stocks Hit 52-Week Highs: Is The Momentum Sustainable?

On Thursday, October 9, a wave of strength swept across the biotech and healthcare sectors, with several stocks reaching 52-week highs. The rally was driven by a mix of regulatory milestones, strategic announcements, and investor enthusiasm around clinical progress.Aquestive Therapeutics Inc. (AQST) reached a 52-week high of $6.86 before closing at $6.69 on Thursday. The move followed the company's announcement of a newly issued U.S. patent for its PharmFilm , reinforcing its sway in oral drug delivery pla ...