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Pharma Giants Face Pipeline Challenge

29 Jan

Summary

Pharmaceutical companies may see significant revenue drops.
New drug development or acquisition is crucial for future growth.
Up to 19 new medicines could be launched by the end of the decade.

Pharmaceutical companies are facing a critical juncture where their future revenue streams are at risk unless pipelines are replenished. This situation demands a proactive approach, either through internal innovation or the acquisition of new drug candidates.

Despite these headwinds, company leadership remains confident in their growth prospects. Significant progress has been reported in late-stage drug development, with projections indicating up to 19 new medicines could be launched by the end of the current decade.

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