The Pharmaceutical industry would have to be one of the most unique and globalised industries you can invest in. Be it the patent system that protects products for up to 20 years, the vast sums of money needed for research and development or the stigma that often surrounds the industry, it certainly is a fascinating area to look for opportunities to invest.
We continue with our Industry Deep Dive series and jump into pharmaceuticals.
In this episode you will learn:
- about the revenue and growth of the industry
- about the Pharmaceutical Benefits Scheme, and its impact on business
- about the role patents play in protecting the profits of companies
- what are the main industry threats
- who the big players are in the industry
- what the best way is to get exposure, domestically and internationally
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