The IQVIA Institute recently published a report on biopharma companies. Important findings include.
There are nearly 4,000 products in clinical development by emerging biopharma companies, which does not include research programs where emerging biopharma companies may be partnering with larger companies.
Since 2011, the emerging biopharma pipeline more than doubled, growing 165% with much of that growth coming in the last five years.
The emerging biopharma R&D clinical pipeline has grown on average 18% annually over the last five years, compared to just 11% for the pipeline across all company sizes, highlighting the increasing important of emerging biopharma to the development of new therapies.
Larger companies have seen slower growth over the last five years with large pharma averaging 2% growth annually, mid-sized companies averaging less than 1% growth annually and small companies averaging 3% growth annually.