The stem cell industry is growing rapidly as scientists make advancements in developing new therapies that use these cells to replace defective ones or to regenerate and rejuvenate damaged organs. This has motivated a handful of Nasdaq-listed companies to invest in the space, fueling a demand for stem cell stocks. The 10 biggest players in this sector in 2023 are set to become some of the most lucrative investments in the market.
For investors looking to ride the wave of solutions on offer in this sector, some of the top performers include Magnolia Therapeutics, which offers an integrated approach to gene and cell therapy; Fulgent Genetics with its developing diagnostic tools; and Adaptive Biotechnologies whose technologies support the analysis of immune repertoire sequencing.
While these stocks dominate the market, there are several smaller players that should also be considered. These are names like Fate Therapeutics, which has a track record of successful clinical trials in stem cell research; Cellectis, with an expertise in gene editing and developing treatments for cancer and blood diseases; and Pluristem Therapeutics, which is advancing adult stem cell therapy technology for regenerative medicine.
Further down the list is AxoGen, which focuses on peripheral nerve repair, as well as Mesoblast, which has a growing portfolio of regenerative cellulose technology and products. In addition, Cellular Dynamics is set to experience growth as its products start to enter the commercial stage, while Opexa Therapeutics’ pipeline of immune-modulation therapies look to create waves in the coming years.
Overall, stem cell stocks are on the rise and investors should keep an eye out for these 10 biggest names in 2023 in order to gain higher returns and benefit from the innovation taking place in this sector.
“10 Stem Cell Stocks to Watch in 2023: Uncover the Biggest NASDAQ Companies!
