Biopharma’s innovative treatments create investment opportunities, says Morningstar

9 April 2024
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The biopharmaceutical industry is currently facing pressure from expiring patents, which are expected to result in a $100 billion headwind for the industry over the next five years. However, that headwind should be more than matched by growth of newly approved drugs.

According to US financial services company Morningstar’s recently published “Biopharmaceuticals Industry Landscape,” revenue at the top 18 biopharma companies under Morningstar’s coverage is expected to grow at 5.2% annually through 2028.

Key highlights from the report include:

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