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RTW: Investing across Healthcare - [Business Breakdowns, EP.184]

Business Breakdowns

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Innovations Propel a New Era of Drug Discovery

The drug development landscape is experiencing a significant transformation thanks to new modalities that have emerged over the past five to ten years. With an increase in the approval of novel drugs, reaching a record high of 61 in the previous year, the future looks promising. Projections indicate that, given the current pace of development, annual approvals could rise to between 80 and 100 within the next five to ten years. This represents a substantial opportunity for innovation in medicine, as nearly half of the future drugs are expected to stem from these emerging technologies. The current environment is deemed a 'golden age' for new medicine discovery, driven by small, agile teams capable of leveraging the potential of burgeoning biotech companies.

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