A Primer on the Biotechnology Sector (GICS 352010): Foundation for Analysis
The Biotechnology sector (GICS 352010) represents the high-risk, high-reward frontier of drug development, characterized by novel modalities and intensive R&D investment. This primer equips financial analysts with the foundational knowledge required to dissect this complex ecosystem. We analyze the sector’s structure, differentiating between platform and asset-centric models, and detail the core economics defined by high…