Three biotech stocks to buy as the sector comes of age

Investment manager Carl Harald Janson tips three biotech stocks to profit from the full range of opportunities this exciting sector has to offer.

Each week, a professional investor tells MoneyWeek where he'd put his money now. This week: Carl Harald Janson, investment manager, International Biotechnology Trust.

The biotechnology sector once largely filled with tiny, high-risk companies has evolved considerably over the last decade. Investors can now invest in large companies that generate both cash and profits. Or they can opt for smaller, riskier ventures, which could also end up being possible acquisition targets for larger rivals.

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Carl Harald Janson is investment manager of the International Biotechnology Trust.