Morgan Stanley flags emerging opportunity in this sector

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SPDR S&P BIOTECH ETF (NYSE: XBI) Delayed: 147.03 +1.17 (0.80%)
Previous Close $145.86    52 Week High $73.80 
Open $144.11    52 Week Low $44.16 
Day High $148.76    P/E N/A 
Day Low $144.11    EPS $0.00 
Volume 10,599,177