Investor Guide: Health & Biotech FY2023
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The biotech investments turning health into newfound wealth.
Healthcare and medical research is one of Australia’s strongest research areas and of enormous global importance as the world’s population – in particular the ageing population – continues to grow.
The Australian life sciences ecosystem is worth more than $8 billion in annual revenue with annual growth projected at 3% from 2021-2026.
Our impressive list of medical discoveries and developments include the bionic ear, spray on skin and the cervical cancer vaccine.
In 2020, when the world was brought to a standstill by the Covid-19 pandemic, the worldwide race to find a preventative vaccine and effective treatment began. All eyes were on the biotechnology sector with Pfizer, AstraZeneca, and Moderna becoming household names.
There’s a growing number of small and midcap biotechs on their way up through the ranks. In this guide, you’ll find profiles for ASX-listed companies, expert analysis, and even a few tips on which ones to watch.
Over the coming months we will publish more guides in the series with a view to educating readers of Stockhead and The Australian about the most exciting and emerging sectors on the ASX.
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