The Nasdaq Biotech Index has been trending upwards overall between 2000 and 2023. From a starting value of 790 points at the end of 2005, the by the end of December 2020 the index reached 4,759 points. The index, however, saw a 10 percent between 2021 and 2022, before increasing again in 2023.
Value of the Nasdaq Biotechnology Index (NBI) from 2000 to 2023
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Nasdaq. (May 27, 2024). Value of the Nasdaq Biotechnology Index (NBI) from 2000 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/189752/nasdaq-biotech-index-closing-year-end-values-since-2000/
Nasdaq. "Value of the Nasdaq Biotechnology Index (NBI) from 2000 to 2023." Chart. May 27, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/189752/nasdaq-biotech-index-closing-year-end-values-since-2000/
Nasdaq. (2024). Value of the Nasdaq Biotechnology Index (NBI) from 2000 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/189752/nasdaq-biotech-index-closing-year-end-values-since-2000/
Nasdaq. "Value of The Nasdaq Biotechnology Index (Nbi) from 2000 to 2023." Statista, Statista Inc., 27 May 2024, https://www.statista.com/statistics/189752/nasdaq-biotech-index-closing-year-end-values-since-2000/
Nasdaq, Value of the Nasdaq Biotechnology Index (NBI) from 2000 to 2023 Statista, https://www.statista.com/statistics/189752/nasdaq-biotech-index-closing-year-end-values-since-2000/ (last visited November 21, 2024)
Value of the Nasdaq Biotechnology Index (NBI) from 2000 to 2023 [Graph], Nasdaq, May 27, 2024. [Online]. Available: https://www.statista.com/statistics/189752/nasdaq-biotech-index-closing-year-end-values-since-2000/