Too much success? A booming biotech pipeline will spur intense rivalries — analyst
Over the last 5 years biotech has been booming. And that could pose a big problem for everyone involved.
Like others in the industry, Leerink’s Geoffrey Porges hasn’t overlooked evidence that every hot new target in drug discovery quickly attracts a cluster of biopharma companies. At ASH, he counted at least a dozen BCMA drugs in the pipeline. So Porges decided to quantify the trend, breaking it down into 15 therapeutic areas.
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