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These factors sum to present a detrimental political and regulatory climate.
On the positive side, valuations of drug stocks are near a 15-year low. There is clearly a trend within the pharmaceutical industry to acquire, merge, or form alliances with financially promising biotech companies. This is part of a strategic shift toward specialty (specialist driven) and biotech products which are more profitable...
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This is part of a strategic shift toward specialty (specialist driven) and biotech products which are more profitable. The witnessed and continued growth of emerging markets also represents a future source of revenue growth. The aging population in the largest markets also point to increased demand in the long term...
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