GLP-1 drugs lift pharma R&D returns as blockbuster assets surge

25 March 2025

Pharma’s return on research and development investment has risen sharply, with GLP-1 therapies for obesity and diabetes playing a significant role in driving growth, according to new data from Deloitte.

The average internal rate of return for the top 20 global biopharma companies climbed to 5.9% in 2024, up from 4.3% the previous year. This marks the highest level since 2018 and reflects a surge in high-value assets entering the pipeline.

GLP-1 drugs now account for 2% of pharma’s forecast R&D returns. Originally developed for diabetes, these treatments are seeing rapid expansion into obesity and other indications, including cardiovascular and neurological conditions.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK

Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Pharmaceutical