J P M O R G A N North America Equity Research 03 July 2026 VRTX/MRNA/BNTX/ONC/INSM/ INCY/ASND/ALKS/AMRN/ESPR Latest Rx Trends Biotechnology - Large Cap Jessica Fye AC (1-212) 622-4165 jessica.m.fye@jpmorgan.com Silvia Luo (1-212) 622-0000 silvia.luo@jpmorgan.com Adam Ferrari, Ph.D. (1-212) 622-1717 adam.ferrari@jpmorgan.com Jose Lora, Ph.D. (1-212) 270-4831 jose.n.lora@jpmorgan.com Abdul Tahlil (1-212) 270-9644 abdul.tahlil@jpmorgan.com J.P. Morgan Securities LLC The authors wish to thank Tanmaya Rathore, o ...