Home / Analysis / Covid-driven biotech and healthcare run set to continue for investors with high risk tolerance
Covid-driven biotech and healthcare run set to continue for investors with high risk tolerance
Schroder Global Healthcare and Axa Framlinton Health Care have returned 519% and 289% over the past decade
The biotech and healthcare sectors have flourished during the pandemic as companies raced to develop a Covid-19 vaccine. Those already invested have reaped the rewards, but what next? Is it time to reconsider this exposure or is there more to come?
Data from Grand View Research forecasts the biotech market to grow from $752.88bn in 2020 to $2.44trn by 2028. Similarly, genomics is expected to reach $62.9bn by 2028 driven by healthcare innovation and tailoring care to an individual patient, while providing more data on diseases and human genetics.
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Helen Glover says becoming the first mother to row for Great Britain at an Olympics is the ‘biggest achievement’ of her career after the double gold medallist was confirmed in the team for Tokyo.
The 34-year-old took time out from the sport to start a family following her success at Rio 2016, only announcing her comeback in January – six months out from the Games.
But Glover - who had son Logan in July 2018 and twins, Kit and Bo, in January 2020 – completed her mission ‘impossible’ yesterday when she was named in Team GB’s 45-strong rowing squad, where she will partner Polly Swann in the pair.