In this episode of Need to Know, our series covering the topics and issues influencing markets and the global conversation, Jean Rivera Irizarry, Ph. D., Senior Biotech Research Associate at Bloomberg, discusses how new drugs for Alzheimer’s disease could change the treatment landscape — and transform the market.

While this new class of drug is not a functional cure, he explains, it’s a promising first step after years of failed trials and no approvals, and one that has major implications for investors. “There’s a huge unmet need and a huge opportunity in the market as long as this is done effectively and safely,” he says. “In 2024, analysts are expecting around 500 million in revenue for both of these drugs, but that number could go up to 12 billion by 2030.”

Bloomberg

Source link

You May Also Like

‘Democracy has cost us our lives’: Fear grips Ecuador after candidate killed

The fatal shooting of an Ecuadorean presidential candidate at a rally has…

A reality check for sustainable finance | Insights | Bloomberg Professional Services

Sustainable finance champions the hope to direct capital and corporate entities to…

Netflix scores streaming eyeballs with ‘You,’ Chris Rock special (NASDAQ:NFLX)

Neilson Barnard/Getty Images Entertainment New content is proving to still be king…

How fast-fashion behemoth Shein became so controversial

A combination of tech savvy, controlled supply chains and tariff relief have…