We all heard reports that January was a great start to 2012 for the stock market, and even more so for Biotech. But how big was it, really?
The Amex Biotech Index (the “BTK“) had its biggest January on record, since 1992, with a +21% pop:
The companies behind the numbers?
The Nasdaq Biotech Index was up 11%, the best in a decade. The January 2000 jump of 15% is still a tough month to beat for this broader Biotech index.