Sectors & IndustriesHealthcareBiotechnology
Best Biotech Stocks to Buy Now (2025)
Top biotech stocks in 2025 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 134th 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
ALZN
ALZAMEND NEURO INC
NASDAQ
Biotechnology
$8.02M$2.11-2.31%-$5.79M-0.40x0.16
United States
AIM
AIM IMMUNOTECH INC
NYSEMKT
Biotechnology
$4.05M$1.424.34%-$14.52M-0.07x-1.90
United States
ADIL
ADIAL PHARMACEUTICALS INC
NASDAQ
Biotechnology
$5.76M$0.24-8.40%-$8.05M-0.32x0.26
United States
SILO
SILO PHARMA INC
NASDAQ
Biotechnology
$5.06M$0.38-1.30%-$5.06M-0.40x0.28
United States
ACET
ADICET BIO INC
NASDAQ
Biotechnology
$75.71M$0.495.11%-$105.29M-0.40x0.29
United States
ABVC
ABVC BIOPHARMA INC
NASDAQ
Biotechnology
$53.22M$2.197.35%-$3.58M-10.95x0.55
United States
BCDA
BIOCARDIA INC
NASDAQ
Biotechnology
$13.48M$1.27-0.78%-$8.11M-0.86x1.34
United States
SONN
SONNET BIOTHERAPEUTICS HOLDINGS INC
NASDAQ
Biotechnology
$8.51M$1.26-59.35%-$13.31M-0.18x-1.68
United States
RPTX
REPARE THERAPEUTICS INC
NASDAQ
Biotechnology
$91.99M$2.14-0.47%-$66.55M-1.26x0.10
Canada
RLYB
RALLYBIO CORP
NASDAQ
Biotechnology
$33.16M$0.790.90%-$14.05M-2.45x0.07
United States
ASBP
ASPIRE BIOPHARMA HOLDINGS INC
NASDAQ
Biotechnology
$10.53M$0.10-2.00%-$28.55M-0.06x-1.21
Puerto Rico
SYBX
SYNLOGIC INC
NASDAQ
Biotechnology
$14.04M$1.206.19%-$3.23M-4.62x0.60
United States
SER
SERINA THERAPEUTICS INC
NYSEMKT
Biotechnology
$29.33M$2.753.50%-$18.23M-1.47x6.15
United States
SXTP
60 DEGREES PHARMACEUTICALS INC
NASDAQ
Biotechnology
$3.21M$0.76-9.64%-$7.89M-2.37x0.53
United States
PULM
PULMATRIX INC
NASDAQ
Biotechnology
$8.66M$2.37-36.29%-$6.22M-1.39x0.05
United States
KLTO
KLOTHO NEUROSCIENCES INC
NASDAQ
Biotechnology
$28.14M$0.396.89%-$7.50M-1.21x0.02
United States
XBIT
XBIOTECH INC
NASDAQ
Biotechnology
$76.22M$2.50-1.19%-$27.00M-2.60x0.03
United States
XBIO
XENETIC BIOSCIENCES INC
NASDAQ
Biotechnology
$4.93M$2.154.37%-$3.16M-1.05x0.28
United States
PRTC
PURETECH HEALTH PLC
NASDAQ
Biotechnology
$406.27M$16.910.59%$57.19M9.95x0.49
United States
SGMO
SANGAMO THERAPEUTICS INC
NASDAQ
Biotechnology
$150.08M$0.453.72%-$101.50M-0.99x13.20
United States
TCRT
ALAUNOS THERAPEUTICS INC
NASDAQ
Biotechnology
$7.95M$3.56-10.55%-$4.03M-1.54x0.33
United States
PPCB
PROPANC BIOPHARMA INC
NASDAQ
Biotechnology
$9.50M$0.71-1.25%-$62.61M-0.03x0.25
Australia
PPBT
PURPLE BIOTECH LTD
NASDAQ
Biotechnology
$64.50M$0.71-3.01%$3.41MN/A0.19
Israel
PHAR
PHARMING GROUP NV
NASDAQ
Biotechnology
$1.13B$16.621.96%$35.75MN/A0.79
Netherlands
AEON
AEON BIOPHARMA INC
NYSEMKT
Biotechnology
$12.79M$1.086.93%$78.00k0.27x-1.44
United States
OGEN
ORAGENICS INC
NYSEMKT
Biotechnology
$3.67M$0.887.32%-$10.12M-0.07x0.29
United States
NTRB
NUTRIBAND INC
NASDAQ
Biotechnology
$54.67M$4.49-0.88%-$12.49M-1.46x0.12
United States
AAPG
ASCENTAGE PHARMA GROUP INTERNATIONAL
NASDAQ
Biotechnology
$2.56B$29.312.27%N/A-14.50x3.56
China
NEUP
NEUPHORIA THERAPEUTICS INC
NASDAQ
Biotechnology
$20.92M$3.890.00%-$6.00M-1.22x1.19
Australia
TOVX
THERIVA BIOLOGICS INC
NYSEMKT
Biotechnology
$6.44M$0.199.14%-$25.58M0.13x3.58
United States
NRXS
NEURAXIS INC
NYSEMKT
Biotechnology
$34.30M$3.2211.81%-$7.44M-3.22x1.53
United States
MTNB
MATINAS BIOPHARMA HOLDINGS INC
NYSEMKT
Biotechnology
$4.64M$0.73-6.45%-$16.67M-0.21x0.50
United States
MRUS
MERUS NV
NASDAQ
Biotechnology
$7.36B$97.010.22%-$398.18M-18.30x0.17
Netherlands
MRSN
MERSANA THERAPEUTICS INC
NASDAQ
Biotechnology
$144.66M$28.94-0.55%-$62.89M-2.08x-2.05
United States
MNOV
MEDICINOVA INC
NASDAQ
Biotechnology
$70.14M$1.43-1.38%-$11.81M-5.72x0.08
United States
MLEC
MOOLEC SCIENCE SA
NASDAQ
Biotechnology
$1.30M$0.33-2.40%-$5.72M-0.16x10.22
Luxembourg
MTVA
METAVIA INC
NASDAQ
Biotechnology
$18.98M$8.623.86%-$16.20M-0.72x1.33
United States
RNA
AVIDITY BIOSCIENCES INC
NASDAQ
Biotechnology
$10.90B$72.340.28%-$542.90M-17.26x0.13
United States
LYRA
LYRA THERAPEUTICS INC
NASDAQ
Biotechnology
$6.39M$3.60-3.23%-$32.42M-0.15x-11.10
United States
LPCN
LIPOCINE INC
NASDAQ
Biotechnology
$23.60M$4.251.19%-$5.41M-4.17x0.14
United States
JAGX
JAGUAR HEALTH INC
NASDAQ
Biotechnology
$4.37M$1.173.54%-$38.22M-0.03x8.02
United States
ITRM
ITERUM THERAPEUTICS PLC
NASDAQ
Biotechnology
$19.53M$0.37-2.89%-$23.20M-0.52x-5.40
Ireland
INDP
INDAPTUS THERAPEUTICS INC
NASDAQ
Biotechnology
$3.55M$2.03-3.79%-$16.87M-0.06x0.49
Israel
ICU
SEASTAR MEDICAL HOLDING CORP
NASDAQ
Biotechnology
$8.83M$0.25-16.67%-$13.90M-0.19x0.36
United States
REVB
REVELATION BIOSCIENCES INC
NASDAQ
Biotechnology
$5.29M$0.89-0.89%-$8.10M0.01x0.17
United States
PTN
PALATIN TECHNOLOGIES INC
NYSEMKT
Biotechnology
$29.03M$17.05-10.69%-$4.60M-2.04x20.73
United States
IPHA
INNATE PHARMA SA
NASDAQ
Biotechnology
$152.14M$1.75-0.57%-$46.80M-2.70x17.07
France
VRAX
VIRAX BIOLABS GROUP LTD
NASDAQ
Biotechnology
$2.55M$0.391.04%-$5.57M-0.32x0.12
United Kingdom
CLDI
CALIDI BIOTHERAPEUTICS INC
NYSEMKT
Biotechnology
$9.75M$1.363.82%-$17.97M2.52x0.99
United States
PLUR
PLURI INC
NASDAQ
Biotechnology
$31.46M$3.40-1.45%-$21.09M-1.09x-2.64
Israel
TVGN
TEVOGEN BIO HOLDINGS INC
NASDAQ
Biotechnology
$75.50M$0.38-0.26%-$30.75M-2.00x-1.57
United States
MOLN
MOLECULAR PARTNERS AG
NASDAQ
Biotechnology
$164.15M$4.392.57%-$65.72M-2.20x0.17
Switzerland
IMRN
IMMURON LTD
NASDAQ
Biotechnology
$5.47M$0.94-0.85%-$3.40M-1.58x0.26
Australia
ATHE
ALTERITY THERAPEUTICS LTD
NASDAQ
Biotechnology
$56.41M$3.091.98%-$7.90M-4.15x0.09
Australia
EXOZ
EXOZYMES INC
NASDAQ
Biotechnology
$103.16M$12.300.82%-$8.40M-12.06x0.44
United States
SNSE
SENSEI BIOTHERAPEUTICS INC
NASDAQ
Biotechnology
$11.18M$8.86-2.85%-$22.12M-0.46x0.20
United States
VTVT
VTV THERAPEUTICS INC
NASDAQ
Biotechnology
$141.81M$36.013.72%-$23.43M-11.01x0.41
United States
VIVS
VIVOSIM LABS INC
NASDAQ
Biotechnology
$5.16M$1.982.59%-$1.06M3.96x0.37
United States
PMCB
PHARMACYTE BIOTECH INC
NASDAQ
Biotechnology
$8.70M$0.862.14%-$7.07M-0.62x0.55
United States
IBO
IMPACT BIOMEDICAL INC
NYSEMKT
Biotechnology
$67.90M$0.6546.17%-$41.96M-0.16x-2.29
United States
CSBR
CHAMPIONS ONCOLOGY INC
NASDAQ
Biotechnology
$100.26M$7.220.00%$3.86M40.11x6.22
United States
GOVX
GEOVAX LABS INC
NASDAQ
Biotechnology
$4.72M$0.16-33.75%-$25.24M-0.11x0.37
United States
VALN
VALNEVA SE
NASDAQ
Biotechnology
$655.68M$8.08-0.80%N/A-5.40x1.98
EDSA
EDESA BIOTECH INC
NASDAQ
Biotechnology
$12.33M$1.480.68%-$7.07M-1.17x0.09
Canada
MBIO
MUSTANG BIO INC
NASDAQ
Biotechnology
$7.96M$1.092.83%-$2.22M-0.14x0.98
United States
KPRX
KIORA PHARMACEUTICALS INC
NASDAQ
Biotechnology
$7.94M$2.162.86%-$6.98M-0.98x0.33
United States
JUNS
JUPITER NEUROSCIENCES INC
NASDAQ
Biotechnology
$37.87M$1.10-1.79%-$7.56M-4.58x43.87
United States
RADX
RADIOPHARM THERANOSTICS LTD
NASDAQ
Biotechnology
$36.82M$5.19-5.46%-$23.58M-1.50x0.97
Australia
ADXN
ADDEX THERAPEUTICS LTD
NASDAQ
Biotechnology
$6.37M$8.106.79%-$7.58M-128.57x0.23
Switzerland
XCUR
EXICURE INC
NASDAQ
Biotechnology
$37.73M$5.92-2.79%-$8.71M-1.60x1.20
United States
ANEB
ANEBULO PHARMACEUTICALS INC
NASDAQ
Biotechnology
$89.15M$2.17-1.81%-$8.10M-9.43x0.10
United States
AKTX
AKARI THERAPEUTICS PLC
NASDAQ
Biotechnology
$18.58M$0.266.12%-$16.51MN/A1.00
United States
INAB
IN8BIO INC
NASDAQ
Biotechnology
$5.61M$1.21-12.32%-$17.98M-0.22x0.27
United States
GRCE
GRACE THERAPEUTICS INC
NASDAQ
Biotechnology
$48.04M$3.401.49%-$9.44M-6.42x0.06
Canada
INTS
INTENSITY THERAPEUTICS INC
NASDAQ
Biotechnology
$24.63M$0.41-1.91%-$11.71M-0.65x0.33
United States
ANL
ADLAI NORTYE LTD
NASDAQ
Biotechnology
$56.03M$1.52-1.94%-$48.06M-0.94x1.80
United States
XTLB
XTL BIOPHARMACEUTICALS LTD
NASDAQ
Biotechnology
$7.23M$0.821.23%-$1.16M-4.10x0.57
United States
GRI
GRI BIO INC
NASDAQ
Biotechnology
$1.11M$0.34-8.11%-$11.25M0.02x1.40
United States
XRTX
XORTX THERAPEUTICS INC
NASDAQ
Biotechnology
$3.13M$0.601.52%-$1.31M-2.05x0.42
Canada
ERNA
ERNEXA THERAPEUTICS INC
NASDAQ
Biotechnology
$10.28M$1.313.97%-$14.60M0.02x0.73
United States
GBIO
GENERATION BIO CO
NASDAQ
Biotechnology
$37.33M$5.541.65%-$57.78M-0.59x1.41
United States
FBLG
FIBROBIOLOGICS INC
NASDAQ
Biotechnology
$13.33M$0.26-0.77%-$17.74M-0.54x68.95
United States
DYAI
DYADIC INTERNATIONAL INC
NASDAQ
Biotechnology
$36.19M$1.009.89%-$6.88M-4.17x3.48
United States
ATHA
ATHIRA PHARMA INC
NASDAQ
Biotechnology
$27.49M$6.973.72%-$36.49M-0.72x0.12
United States
INM
INMED PHARMACEUTICALS INC
NASDAQ
Biotechnology
$3.34M$1.19-7.75%-$7.29M-0.18x0.15
Canada
BRNS
BARINTHUS BIOTHERAPEUTICS PLC
NASDAQ
Biotechnology
$30.17M$0.741.09%-$66.11M-0.39x0.29
United Kingdom
ENSC
ENSYSCE BIOSCIENCES INC
NASDAQ
Biotechnology
$4.11M$1.161.75%-$10.95M-0.18x1.92
United States
ONCO
ONCONETIX INC
NASDAQ
Biotechnology
$2.76M$1.77-3.80%-$48.93M0.00x4.83
United States
CYCN
CYCLERION THERAPEUTICS INC
NASDAQ
Biotechnology
$5.69M$1.45-1.36%-$2.20M-1.93x0.09
United States
LSTA
LISATA THERAPEUTICS INC
NASDAQ
Biotechnology
$18.17M$2.062.49%-$19.03M-0.97x0.27
United States
ADAG
ADAGENE INC
NASDAQ
Biotechnology
$85.78M$1.82-0.55%-$28.44M-2.86x0.76
China
RNAZ
TRANSCODE THERAPEUTICS INC
NASDAQ
Biotechnology
$7.26M$7.920.89%-$26.93M-0.00x2.67
United States
CUE
CUE BIOPHARMA INC
NASDAQ
Biotechnology
$21.10M$0.27-21.64%-$35.25M-0.62x1.39
United States
PTIX
PROTAGENIC THERAPEUTICS INC
NASDAQ
Biotechnology
$2.30M$1.19-7.75%-$8.67M-0.15x-2.06
United States
CRIS
CURIS INC
NASDAQ
Biotechnology
$13.83M$1.07-6.96%-$35.17M-0.30x-2.88
United States
BOLT
BOLT BIOTHERAPEUTICS INC
NASDAQ
Biotechnology
$9.90M$5.160.10%-$39.41M-0.23x1.03
United States
CALC
CALCIMEDICA INC
NASDAQ
Biotechnology
$91.50M$6.3529.59%-$21.91M-3.92x-56.65
United States
IGC
IGC PHARMA INC
NYSEMKT
Biotechnology
$27.86M$0.30-10.71%-$5.88M-4.29x0.20
United States
BGMS
BIO GREEN MED SOLUTION INC
NASDAQ
Biotechnology
$6.81M$1.392.96%-$4.27M-0.10x0.15
United States
CLGN
COLLPLANT BIOTECHNOLOGIES LTD
NASDAQ
Biotechnology
$17.41M$1.5210.14%-$11.54M-1.49x0.51
Israel

Biotech Stocks FAQ

What are the best biotech stocks to buy right now in Dec 2025?

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. Alnylam Pharmaceuticals (NASDAQ:ALNY)


Alnylam Pharmaceuticals (NASDAQ:ALNY) is the #1 top biotech stock out of 617 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 Alnylam Pharmaceuticals (NASDAQ:ALNY) is: Value: C, Growth: A, Momentum: C, Sentiment: A, Safety: D, Financials: B, and AI: B.

Alnylam Pharmaceuticals (NASDAQ:ALNY) has a Due Diligence Score of 45, which is 22 points higher than the biotech industry average of 23.

ALNY passed 16 out of 33 due diligence checks and has strong fundamentals. Alnylam Pharmaceuticals has seen its stock return 67.55% over the past year, overperforming other biotech stocks by 108 percentage points.

Alnylam Pharmaceuticals has an average 1 year price target of $491.28, an upside of 22.75% from Alnylam Pharmaceuticals's current stock price of $400.23.

Alnylam Pharmaceuticals stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 25 analysts covering Alnylam Pharmaceuticals, 48% have issued a Strong Buy rating, 36% have issued a Buy, 16% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Innoviva (NASDAQ:INVA)


Innoviva (NASDAQ:INVA) is the #2 top biotech stock out of 617 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 Innoviva (NASDAQ:INVA) is: Value: A, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: A, and AI: C.

Innoviva (NASDAQ:INVA) has a Due Diligence Score of 45, which is 22 points higher than the biotech industry average of 23.

INVA passed 14 out of 33 due diligence checks and has strong fundamentals. Innoviva has seen its stock return 11.49% over the past year, overperforming other biotech stocks by 52 percentage points.

Innoviva has an average 1 year price target of $32.25, an upside of 61.33% from Innoviva's current stock price of $19.99.

Innoviva stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Innoviva, 25% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 25% have issued a Strong Sell.

3. Beone Medicines (NASDAQ:ONC)


Beone Medicines (NASDAQ:ONC) is the #3 top biotech stock out of 617 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: A, Safety: C, Financials: C, and AI: B.

Beone Medicines (NASDAQ:ONC) has a Due Diligence Score of 53, which is 30 points higher than the biotech industry average of 23.

ONC passed 18 out of 33 due diligence checks and has strong fundamentals. Beone Medicines has seen its stock return 80.89% over the past year, overperforming other biotech stocks by 121 percentage points.

Beone Medicines has an average 1 year price target of $390.88, an upside of 23.68% from Beone Medicines's current stock price of $316.05.

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.

What are the biotech stocks with highest dividends?

Out of 4 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 11.79%, which is 9 percentage points higher than the biotech industry average of 2.89%.

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

2. Royalty Pharma (NASDAQ:RPRX)


Royalty Pharma (NASDAQ:RPRX) has an annual dividend yield of 2.28%, which is -1 percentage points lower than the biotech industry average of 2.89%. 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.

3. Bio Techne (NASDAQ:TECH)


Bio Techne (NASDAQ:TECH) has an annual dividend yield of 0.55%, which is -2 percentage points lower than the biotech industry average of 2.89%. Bio Techne's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Bio Techne's dividend has not shown consistent growth over the last 10 years.

Bio Techne's dividend payout ratio of 64% indicates that its dividend yield is sustainable for the long-term.

Why are biotech stocks up?

Biotech stocks were up 2.35% in the last day, and down -0.7% over the last week. Cypherpunk Technologies was the among the top gainers in the biotechnology industry, gaining 39.04% yesterday.

Cypherpunk Technologies shares are trading higher after the company announced the appointment of Electric Coin Company CEO Josh Swihart as its Strategic Advisor.

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 57, which is 42 points higher than the biotech industry average of 15. It passed 4 out of 7 valuation due diligence checks.

Harmony Biosciences Holdings's stock has gained 11.57% in the past year. It has overperformed other stocks in the biotech industry by 52 percentage points.

2. Puma Biotechnology (NASDAQ:PBYI)


Puma Biotechnology (NASDAQ:PBYI) 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.

Puma Biotechnology has a valuation score of 43, which is 28 points higher than the biotech industry average of 15. It passed 3 out of 7 valuation due diligence checks.

Puma Biotechnology's stock has gained 102.52% in the past year. It has overperformed other stocks in the biotech industry by 143 percentage points.

3. Innoviva (NASDAQ:INVA)


Innoviva (NASDAQ:INVA) 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.

Innoviva has a valuation score of 43, which is 28 points higher than the biotech industry average of 15. It passed 3 out of 7 valuation due diligence checks.

Innoviva's stock has gained 11.49% in the past year. It has overperformed other stocks in the biotech industry by 52 percentage points.

Are biotech stocks a good buy now?

60.86% of biotech stocks rated by analysts are a strong buy right now. On average, analysts expect biotech stocks to rise by 50.11% over the next year.

3.51% of biotech stocks have a Zen Rating of A (Strong Buy), 6.39% of biotech stocks are rated B (Buy), 46.19% are rated C (Hold), 31.13% are rated D (Sell), and 12.78% 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 156.53x.
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.