Sectors & IndustriesHealthcareBiotechnology
Best Biotech Stocks to Buy Now (2026)
Top biotech stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best biotech stocks to buy now. Learn More.

Industry: Biotechnology
F
Biotech is Zen Rated F and is the 135th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Exchange
Industry
Zen Rating
Market Cap
Price
1d %
EBITDA
P/E
D/E
Country
DD Score
ARMP
ARMATA PHARMACEUTICALS INC
NYSEMKT
Biotechnology
$239.41M$6.597.68%-$30.37M-5.11x-1.94
United States
VIR
VIR BIOTECHNOLOGY INC
NASDAQ
Biotechnology
$1.07B$7.693.22%-$482.96M-2.13x0.28
United States
ONCY
ONCOLYTICS BIOTECH INC
NASDAQ
Biotechnology
$120.22M$1.162.65%-$25.02M-4.16x129.93
Canada
GTBP
GT BIOPHARMA INC
NASDAQ
Biotechnology
$7.86M$0.747.10%-$9.10M-0.22x0.44
United States
BMEA
BIOMEA FUSION INC
NASDAQ
Biotechnology
$91.91M$1.302.36%-$91.46M-0.55x2.53
United States
VERA
VERA THERAPEUTICS INC
NASDAQ
Biotechnology
$2.99B$46.75-1.00%-$242.17M-11.72x0.30
United States
TRAW
TRAWS PHARMA INC
NASDAQ
Biotechnology
$22.53M$2.821.08%$93.37M0.03x1.74
United States
VANI
VIVANI MEDICAL INC
NASDAQ
Biotechnology
$100.67M$1.380.00%-$25.42M-3.07x18.13
United States
CYTK
CYTOKINETICS INC
NASDAQ
Biotechnology
$7.83B$64.011.30%-$702.05M-10.18x-3.76
United States
NVCT
NUVECTIS PHARMA INC
NASDAQ
Biotechnology
$224.13M$8.752.82%-$27.81M-6.39x0.48
United States
PMVP
PMV PHARMACEUTICALS INC
NASDAQ
Biotechnology
$64.39M$1.213.42%-$85.01M-0.76x0.11
United States
RCKT
ROCKET PHARMACEUTICALS INC
NASDAQ
Biotechnology
$395.01M$3.650.55%-$227.85M-1.62x0.17
United States
ACHV
ACHIEVE LIFE SCIENCES INC
NASDAQ
Biotechnology
$245.41M$4.61-9.43%-$51.35M-3.34x0.55
United States
DNTH
DIANTHUS THERAPEUTICS INC
NASDAQ
Biotechnology
$2.16B$50.31-1.68%-$125.94M-14.42x0.06
United States
WHWK
WHITEHAWK THERAPEUTICS INC
NASDAQ
Biotechnology
$131.02M$2.783.73%-$15.30M19.86x0.06
United States
EYPT
EYEPOINT PHARMACEUTICALS INC
NASDAQ
Biotechnology
$1.31B$15.812.33%-$203.48M-5.27x0.26
United States
SLDB
SOLID BIOSCIENCES INC
NASDAQ
Biotechnology
$511.87M$6.571.86%-$162.61M-2.62x0.26
United States
PCVX
VAXCYTE INC
NASDAQ
Biotechnology
$7.11B$54.351.78%-$637.36M-11.23x0.10
United States
AVBP
ARRIVENT BIOPHARMA INC
NASDAQ
Biotechnology
$954.01M$23.11-2.08%-$151.40M-5.45x0.07
United States
VTVT
VTV THERAPEUTICS INC
NASDAQ
Biotechnology
$133.93M$34.010.44%-$23.43M-10.40x0.41
United States
SMMT
SUMMIT THERAPEUTICS INC
NASDAQ
Biotechnology
$11.84B$15.90-3.99%-$912.81M-1,325.00x0.36
United Kingdom
ELDN
ELEDON PHARMACEUTICALS INC
NASDAQ
Biotechnology
$131.85M$2.20-0.45%-$74.83M-1.82x1.10
United States
CABA
CABALETTA BIO INC
NASDAQ
Biotechnology
$290.72M$3.022.37%-$145.48M-1.19x0.36
United States
KOD
KODIAK SCIENCES INC
NASDAQ
Biotechnology
$1.30B$24.53-4.40%-$190.85M-5.95x8.20
United States
PRME
PRIME MEDICINE INC
NASDAQ
Biotechnology
$772.59M$4.282.39%-$180.87M-2.97x1.38
United States
QNCX
QUINCE THERAPEUTICS INC
NASDAQ
Biotechnology
$184.31M$3.3111.07%-$56.79M-2.74x102.78
United States
XENE
XENON PHARMACEUTICALS INC
NASDAQ
Biotechnology
$3.28B$42.390.45%-$304.91M-10.90x0.09
Canada
DFTX
DEFINIUM THERAPEUTICS INC
NASDAQ
Biotechnology
$1.72B$17.485.88%-$163.23M-8.87x0.81
Canada
NRIX
NURIX THERAPEUTICS INC
NASDAQ
Biotechnology
$1.49B$19.413.52%-$225.49M-6.54x0.40
United States
PHGE
BIOMX INC
NYSEMKT
Biotechnology
$10.61M$6.9569.51%-$8.15M-0.22x1.50
United States
TECX
TECTONIC THERAPEUTIC INC
NASDAQ
Biotechnology
$381.25M$20.375.65%-$63.60M-7.57x0.04
United States
SRRK
SCHOLAR ROCK HOLDING CORP
NASDAQ
Biotechnology
$4.49B$43.99-2.00%-$344.19M-13.92x0.68
United States
MGTX
MEIRAGTX HOLDINGS PLC
NASDAQ
Biotechnology
$644.73M$8.010.13%-$143.64M-3.80x-5.67
United States
AVTX
AVALO THERAPEUTICS INC
NASDAQ
Biotechnology
$291.23M$16.062.62%-$100.55M-1.21x0.37
United States
SNGX
SOLIGENIX INC
NASDAQ
Biotechnology
$13.52M$1.343.88%-$11.62M-0.37x0.49
United States
BCTX
BRIACELL THERAPEUTICS CORP
NASDAQ
Biotechnology
$9.21M$4.895.62%-$29.07M-0.12x0.40
Canada
VKTX
VIKING THERAPEUTICS INC
NASDAQ
Biotechnology
$3.55B$31.40-1.04%-$236.95M-14.81x0.04
United States
ATOS
ATOSSA THERAPEUTICS INC
NASDAQ
Biotechnology
$88.48M$0.690.00%-$30.16M-2.85x0.17
United States
BHVN
BIOHAVEN LTD
NYSE
Biotechnology
$1.34B$12.67-0.55%-$769.16M-1.68x-24.84
United States
MGNX
MACROGENICS INC
NASDAQ
Biotechnology
$116.40M$1.840.55%-$64.40M-1.53x3.04
United States
NKTR
NEKTAR THERAPEUTICS
NASDAQ
Biotechnology
$773.59M$38.032.29%-$93.43M-4.86x2.54
United States
CALC
CALCIMEDICA INC
NASDAQ
Biotechnology
$73.78M$5.12-1.92%-$21.91M-3.16x-56.65
United States
REPL
REPLIMUNE GROUP INC
NASDAQ
Biotechnology
$590.68M$7.53-0.40%-$296.68M-2.18x0.48
United States
CING
CINGULATE INC
NASDAQ
Biotechnology
$39.80M$5.8916.87%-$21.49M-1.63x2.03
United States
CDXS
CODEXIS INC
NASDAQ
Biotechnology
$129.16M$1.43-7.74%-$48.63M-1.93x2.22
United States
RZLT
REZOLUTE INC
NASDAQ
Biotechnology
$324.55M$3.503.55%-$76.61M-3.76x0.08
United States
ABSI
ABSCI CORP
NASDAQ
Biotechnology
$448.11M$2.983.11%-$101.92M-3.27x0.17
United States
GRI
GRI BIO INC
NASDAQ
Biotechnology
$621.06k$5.32-4.14%-$11.25M0.01x1.40
United States
CCCC
C4 THERAPEUTICS INC
NASDAQ
Biotechnology
$207.40M$2.143.38%-$110.30M-1.28x0.72
United States
CRVO
CERVOMED INC
NASDAQ
Biotechnology
$55.52M$6.003.99%-$25.58M-2.07x0.18
United States
AUTL
AUTOLUS THERAPEUTICS PLC
NASDAQ
Biotechnology
$377.92M$1.422.16%-$223.92M-1.71x1.49
United Kingdom
HELP
CYBIN INC
NASDAQ
Biotechnology
$166.99M$7.25-1.09%-$70.85M-2.27x0.30
Canada
IMA
IMAGENEBIO INC
NASDAQ
Biotechnology
$82.19M$7.353.23%-$44.09M-0.92x0.15
United States
JAGX
JAGUAR HEALTH INC
NASDAQ
Biotechnology
$2.63M$0.71-4.86%-$38.22M-0.02x8.02
United States
HOWL
WEREWOLF THERAPEUTICS INC
NASDAQ
Biotechnology
$32.57M$0.673.39%-$65.24M-0.41x1.69
United States
OBIO
ORCHESTRA BIOMED HOLDINGS INC
NASDAQ
Biotechnology
$234.89M$4.165.32%-$73.62M-2.29x1.40
United States
PRQR
PROQR THERAPEUTICS NV
NASDAQ
Biotechnology
$180.95M$1.68-0.59%-$44.45M-3.52x1.18
Netherlands
CRBP
CORBUS PHARMACEUTICALS HOLDINGS INC
NASDAQ
Biotechnology
$166.75M$9.501.71%-$67.19M-1.73x0.19
United States
SNTI
SENTI BIOSCIENCES INC
NASDAQ
Biotechnology
$27.87M$1.060.95%-$43.38M-0.32x5.49
United States
LRMR
LARIMAR THERAPEUTICS INC
NASDAQ
Biotechnology
$314.12M$3.671.94%-$131.92M-1.89x0.35
United States
JSPR
JASPER THERAPEUTICS INC
NASDAQ
Biotechnology
$45.89M$1.647.19%-$89.05M-0.28x3.97
United States
CBUS
CIBUS INC
NASDAQ
Biotechnology
$97.71M$1.804.65%-$78.28M-0.62x5.52
United States
ETHZ
ETHZILLA CORP
NASDAQ
Biotechnology
$106.99M$5.005.71%-$225.08M-0.03x1.27
United States
CLDX
CELLDEX THERAPEUTICS INC
NASDAQ
Biotechnology
$1.74B$26.23-1.28%-$221.15M-7.76x0.08
United States
QSI
QUANTUM-SI INC
NASDAQ
Biotechnology
$265.05M$1.231.65%-$109.96M-1.84x0.11
United States
GOVX
GEOVAX LABS INC
NASDAQ
Biotechnology
$3.37M$2.84-3.73%-$25.24M-0.08x0.37
United States
VOR
VOR BIOPHARMA INC
NASDAQ
Biotechnology
$153.66M$14.76-2.06%-$2.44B-0.04x-1.08
United States
DNA
GINKGO BIOWORKS HOLDINGS INC
NYSE
Biotechnology
$588.33M$9.71-1.42%-$249.07M-1.57x1.12
United States
MBRX
MOLECULIN BIOTECH INC
NASDAQ
Biotechnology
$9.20M$4.52-0.66%-$41.25M-0.14x-1.76
United States
RXRX
RECURSION PHARMACEUTICALS INC
NASDAQ
Biotechnology
$2.39B$4.600.22%-$616.04M-2.50x0.34
United States
OSTX
OS THERAPIES INC
NYSEMKT
Biotechnology
$51.06M$1.45-1.36%-$18.04M-1.77x1.17
United States
ATYR
ATYR PHARMA INC
NASDAQ
Biotechnology
$69.28M$0.710.86%-$73.96M-0.86x0.33
United States
SPRY
ARS PHARMACEUTICALS INC
NASDAQ
Biotechnology
$1.04B$10.540.57%-$78.77M-12.85x1.53
United States
MLTX
MOONLAKE IMMUNOTHERAPEUTICS
NASDAQ
Biotechnology
$1.04B$16.252.14%-$204.88M-4.89x0.43
United States
SKYE
SKYE BIOSCIENCE INC
NASDAQ
Biotechnology
$34.30M$1.074.90%-$50.55M-0.83x0.26
United States
BBOT
BRIDGEBIO ONCOLOGY THERAPEUTICS INC
NASDAQ
Biotechnology
$1.09B$13.618.45%-$152.98M-0.02x0.09
United States
LGVN
LONGEVERON INC
NASDAQ
Biotechnology
$12.37M$0.58-6.60%-$20.15M-0.60x0.56
United States
FBLG
FIBROBIOLOGICS INC
NASDAQ
Biotechnology
$19.04M$0.37-1.60%-$17.74M-0.77x68.95
United States
INAB
IN8BIO INC
NASDAQ
Biotechnology
$9.59M$2.07-5.91%-$17.98M-0.38x0.27
United States
MLEC
MOOLEC SCIENCE SA
NASDAQ
Biotechnology
$4.86M$6.69-6.04%-$3.12M-0.51x1.77
Luxembourg
INDP
INDAPTUS THERAPEUTICS INC
NASDAQ
Biotechnology
$4.34M$2.48-1.59%-$16.87M-0.08x0.49
Israel
RADX
RADIOPHARM THERANOSTICS LTD
NASDAQ
Biotechnology
$34.91M$4.92-0.81%-$23.58M-1.43x0.97
Australia
ATHE
ALTERITY THERAPEUTICS LTD
NASDAQ
Biotechnology
$64.07M$3.51-1.68%-$7.90M-4.71x0.09
Australia
IPHA
INNATE PHARMA SA
NASDAQ
Biotechnology
$154.75M$1.781.14%-$46.80M-2.75x17.07
France
ADXN
ADDEX THERAPEUTICS LTD
NASDAQ
Biotechnology
$6.28M$7.984.59%-$7.58M-126.67x0.23
Switzerland
IMNN
IMUNON INC
NASDAQ
Biotechnology
$11.18M$3.64-2.15%-$13.63M-0.33x1.20
United States
SXTP
60 DEGREES PHARMACEUTICALS INC
NASDAQ
Biotechnology
$5.10M$4.82-0.41%-$7.89M-5.74x0.53
United States
ANEB
ANEBULO PHARMACEUTICALS INC
NASDAQ
Biotechnology
$37.39M$0.91-15.74%-$8.10M-3.96x0.10
United States
AKTX
AKARI THERAPEUTICS PLC
NASDAQ
Biotechnology
$19.66M$0.281.10%-$16.51MN/A1.00
United States
SCNI
SCINAI IMMUNOTHERAPEUTICS LTD
NASDAQ
Biotechnology
$0.00$1.090.00%-$4.07M0.27x0.51
Israel
IMRN
IMMURON LTD
NASDAQ
Biotechnology
$5.57M$0.95-2.06%-$3.40M-1.61x0.26
Australia
ABP
ABPRO HOLDINGS INC
NASDAQ
Biotechnology
$5.50M$2.02-8.83%-$10.10M-0.14x-1.07
United States
DRMA
DERMATA THERAPEUTICS INC
NASDAQ
Biotechnology
$2.65M$2.58-16.23%-$8.85M0.18x0.28
United States
TVGN
TEVOGEN BIO HOLDINGS INC
NASDAQ
Biotechnology
$67.36M$0.340.59%-$30.75M-1.78x-1.57
United States
ATNM
ACTINIUM PHARMACEUTICALS INC
NYSEMKT
Biotechnology
$40.24M$1.291.57%-$33.78M-1.17x3.07
United States
PLUR
PLURI INC
NASDAQ
Biotechnology
$30.54M$3.30-4.10%-$21.09M-1.06x-2.64
Israel
ARTL
ARTELO BIOSCIENCES INC
NASDAQ
Biotechnology
$3.67M$1.821.68%-$12.27M-0.09x-7.74
United States
ANL
ADLAI NORTYE LTD
NASDAQ
Biotechnology
$132.71M$3.6012.50%N/A-3.16x8.10
United States
CASI
CASI PHARMACEUTICALS INC
NASDAQ
Biotechnology
$21.27M$1.045.61%N/A-0.34x-1.86
China
DYAI
DYADIC INTERNATIONAL INC
NASDAQ
Biotechnology
$31.99M$0.880.57%-$6.88M-3.68x3.48
United States

Biotech Stocks FAQ

What are the best biotech stocks to buy right now in Jan 2026?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best biotechnology stocks to buy right now are:

1. Beone Medicines (NASDAQ:ONC)


Beone Medicines (NASDAQ:ONC) is the #1 top biotech stock out of 610 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Beone Medicines (NASDAQ:ONC) is: Value: B, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: B.

Beone Medicines (NASDAQ:ONC) has a Due Diligence Score of 53, which is 29 points higher than the biotech industry average of 24.

ONC passed 18 out of 33 due diligence checks and has strong fundamentals. Beone Medicines has seen its stock return 49.25% over the past year, overperforming other biotech stocks by 82 percentage points.

Beone Medicines has an average 1 year price target of $390.88, an upside of 16.28% from Beone Medicines's current stock price of $336.16.

Beone Medicines stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Beone Medicines, 75% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Biocryst Pharmaceuticals (NASDAQ:BCRX)


Biocryst Pharmaceuticals (NASDAQ:BCRX) is the #2 top biotech stock out of 610 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Biocryst Pharmaceuticals (NASDAQ:BCRX) is: Value: B, Growth: A, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: C.

Biocryst Pharmaceuticals (NASDAQ:BCRX) has a Due Diligence Score of 15, which is -9 points lower than the biotech industry average of 24. Although this number is below the industry average, our proven quant model rates BCRX as a "A".

BCRX passed 5 out of 33 due diligence checks and has weak fundamentals. Biocryst Pharmaceuticals has seen its stock lose -15.61% over the past year, overperforming other biotech stocks by 17 percentage points.

Biocryst Pharmaceuticals has an average 1 year price target of $23.33, an upside of 245.16% from Biocryst Pharmaceuticals's current stock price of $6.76.

Biocryst Pharmaceuticals stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Biocryst Pharmaceuticals, 33.33% have issued a Strong Buy rating, 50% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Mimedx Group (NASDAQ:MDXG)


Mimedx Group (NASDAQ:MDXG) is the #3 top biotech stock out of 610 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Mimedx Group (NASDAQ:MDXG) is: Value: B, Growth: B, Momentum: D, Sentiment: B, Safety: C, Financials: A, and AI: B.

Mimedx Group (NASDAQ:MDXG) has a Due Diligence Score of 49, which is 25 points higher than the biotech industry average of 24.

MDXG passed 15 out of 33 due diligence checks and has strong fundamentals. Mimedx Group has seen its stock lose -39.15% over the past year, underperforming other biotech stocks by -6 percentage points.

Mimedx Group has an average 1 year price target of $10.67, an upside of 101.26% from Mimedx Group's current stock price of $5.30.

Mimedx Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Mimedx Group, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the biotech stocks with highest dividends?

Out of 5 biotech stocks that have issued dividends in the past year, the 3 biotech stocks with the highest dividend yields are:

1. Dominari Holdings (NASDAQ:DOMH)


Dominari Holdings (NASDAQ:DOMH) has an annual dividend yield of 23.51%, which is 18 percentage points higher than the biotech industry average of 5.08%.

Dominari Holdings's dividend payout ratio of 8.4% indicates that its high dividend yield is sustainable for the long-term.

2. Oramed Pharmaceuticals (NASDAQ:ORMP)


Oramed Pharmaceuticals (NASDAQ:ORMP) has an annual dividend yield of 7.18%, which is 2 percentage points higher than the biotech industry average of 5.08%.

Oramed Pharmaceuticals's dividend payout ratio of 0% indicates that its high dividend yield might not be sustainable for the long-term.

3. Royalty Pharma (NASDAQ:RPRX)


Royalty Pharma (NASDAQ:RPRX) has an annual dividend yield of 2.16%, which is -3 percentage points lower than the biotech industry average of 5.08%. Royalty Pharma's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Royalty Pharma's dividend has shown consistent growth over the last 10 years.

Royalty Pharma's dividend payout ratio of 49.4% indicates that its dividend yield is sustainable for the long-term.

Why are biotech stocks up?

Biotech stocks were up 1.13% in the last day, and up 2.69% over the last week. Acumen Pharmaceuticals was the among the top gainers in the biotechnology industry, gaining 30.77% yesterday.

Acumen Pharmaceuticals shares are trading higher after BTIG raised its price target on the stock from $4 to $7.

What are the most undervalued biotech stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued biotech stocks right now are:

1. Harmony Biosciences Holdings (NASDAQ:HRMY)


Harmony Biosciences Holdings (NASDAQ:HRMY) is the most undervalued biotech stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Harmony Biosciences Holdings has a valuation score of 71, which is 55 points higher than the biotech industry average of 16. It passed 5 out of 7 valuation due diligence checks.

Harmony Biosciences Holdings's stock has dropped -1.49% in the past year. It has overperformed other stocks in the biotech industry by 31 percentage points.

2. Innoviva (NASDAQ:INVA)


Innoviva (NASDAQ:INVA) is the second most undervalued biotech stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Innoviva has a valuation score of 57, which is 41 points higher than the biotech industry average of 16. It passed 4 out of 7 valuation due diligence checks.

Innoviva's stock has gained 3.9% in the past year. It has overperformed other stocks in the biotech industry by 37 percentage points.

3. Puma Biotechnology (NASDAQ:PBYI)


Puma Biotechnology (NASDAQ:PBYI) is the third most undervalued biotech stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Puma Biotechnology has a valuation score of 43, which is 27 points higher than the biotech industry average of 16. It passed 3 out of 7 valuation due diligence checks.

Puma Biotechnology's stock has gained 120.47% in the past year. It has overperformed other stocks in the biotech industry by 153 percentage points.

Are biotech stocks a good buy now?

63.01% of biotech stocks rated by analysts are a strong buy right now. On average, analysts expect biotech stocks to rise by 60.35% over the next year.

2.94% of biotech stocks have a Zen Rating of A (Strong Buy), 7.34% of biotech stocks are rated B (Buy), 43.61% are rated C (Hold), 35.43% are rated D (Sell), and 10.69% are rated F (Strong Sell).

What is the average p/e ratio of the biotechnology industry?

The average P/E ratio of the biotechnology industry is 162.68x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.