The global pharmaceutical market has been growing at a rapid rate in recent years and is expected to reach $1.57 trillion USD by 2023, signaling a major opportunity for investors to cash in on pharmaceutical stocks.
Some of the factors behind the market’s growth include the aging population, lifestyle diseases, FDA approvals, and healthcare legislation.
Leading the way will be pharmaceutical stocks that are focused on cancer treatments, which has been by far the largest area of focus in the pharmaceutical world. In fact, oncology therapy was worth $107 billion in sales in 2017 ...
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