The upward momentum seen in the pharma and biotech sectors during 2017 looks set to continue into 2018, with more novel medicines preparing to hit the market and investor support for the industry remaining strong
According to EP Vantage, the editorial arm of Evaluate, the current business friendly stance at the FDA is unlikely to change next year, while M&A could see an uptick, driven by big pharma and big biotech’s need to re-stock pipelines and US tax reforms.
The coming year will also test the commercial expectations that have been hung on novel therapies like CAR-T and gene therapy, which are being launched into increasingly cost-sensitive markets.
Important clinical read-outs from the field of immuno-oncology, where asset values remain very high, will be closely watched — all of which will help set the tone for investors throughout the year.
“Venture capital funds are very well stocked going into 2018, both public and private investors look set to remain supportive of innovative, early-stage drug developers,” said Amy Brown, report author.
“However there is evidence that expectations have got ahead of themselves in certain areas — particularly in immuno-oncology. To keep investors on side next year the industry needs to deliver some big pipeline wins and important new drug launches need to perform.”
Pharma & Biotech 2018 Preview — Analysis Highlights:
The report can be downloaded at www.evaluategroup.com/PharmaBiotech2018Preview