Regulatory concerns weigh on biopharma market

The world’s top biopharmaceutical companies saw modest market capitalization growth of 1.7% in 2024, reaching a combined $3.7 trillion, according to GlobalData.

While companies such as Eli Lilly (NYSE: LLY), AbbVie (NYSE: ABBV), and Gilead Sciences (Nasdaq: GILD) posted strong gains, others, including Novo Nordisk (NOV: N) and CSL (ASX: CSL), saw declines.

Despite strong demand for weight-loss treatments and high-profile acquisitions, the sector faced uncertainty due to shifting US policies and regulatory pressures.

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