Are Biosimilars The Next Big Growth Opportunity For The Pharmaceutical Industry?

As top-selling biologics begin to lose patent protection, some drug makers are investing heavily to meet anticipated demand for biosimilars. Yet the high cost and complexity of these new drugs pose a risk to expected profits.

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The views expressed represent the opinions of Harding Loevner LP,as of October 31, 2018 , are not intended as a forecast or guarantee offuture results, and are subject to change without notice.

Any discussion of specific securities is not a recommendation to purchase or sell a particular security. Non-performance based criteria have been used to select the securities identified. It should not be assumed that investment in the securities identified has been or will be profitable. To request a complete list of holdings for the past year, please contact Harding Loevner.

There is no guarantee that any investment strategy will meet its objective. Past performance does not guarantee future results.


PUBLISHED: November 7, 2018

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