The Big Opportunities Behind Big Pharmaceutical Companies

over 2 years ago14 mins

The Big Opportunities Behind Big Pharmaceutical Companies

Drug Addicts

Prescription drugs are big business: almost 50% of people regularly take prescription medication in the US alone, and almost 20% take over five types of them. The world, it seems, is addicted to – entirely legal – pills.

And the pharmaceutical industry is addicted to keeping it that way. With global sales of over $1.2 trillion, companies involved in researching, manufacturing, and distributing drugs can make a very healthy profit. And so can their investors: pharma firms have delivered a 280% return since the US pharmaceutical index was established in 2006, compared to 247% for the wider market. Assuming the population keeps aging in the way it’s expected to, the forecast market growth of 5% a year is likely to boost stocks much more.

But investing in pharma offers more t

Limited introductory offer

Subscribe Now 50% Off

Get full access to daily stories, insights, deep-dives, interviews, podcasts, and more

Have an account? Log in