Morgan Stanley flags emerging opportunity in this sector

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SPDR S&P BIOTECH ETF (NYSE: XBI) Delayed: 149.29 -0.94 (0.63%)
Previous Close $150.23    52 Week High $73.80 
Open $149.00    52 Week Low $44.16 
Day High $149.69    P/E N/A 
Day Low $146.01    EPS $0.00 
Volume 12,923,644