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Featuring commentary from our Forvis Mazars experts and contributors including Damien Catoir, Servier, and Cédric Moreau, Sofinnova Partners, the report provides a valuable benchmark for sector players looking to navigate a rapidly-evolving landscape.
What is striking about this year's findings is the high level of optimism in the life sciences and pharmaceuticals sector, with 98% of C-suite leaders indicating a positive growth outlook for their businesses in 2025. What is behind such optimism are robust drug pipelines and significant investments in R&D, allowing the sector to grow revenues that put it in a strong position to support future growth ambitions.
Nigel Layton
Partner - Head of Pharma & Life Sciences
Key findings
- Most leaders (96%) report growth, with a clear majority also boasting growing revenues, eleven points higher than others globally.
- Increased competition (55%) and supply chain restrictions (47%) are listed as the top factors holding back growth for C-suite executives.
- Economic factors were identified as having the biggest impact on businesses by 39% of leaders, with 37% viewing the emergence of technologies as significant.
- Two in three firms in the sector (67%) are boosting investment, averaged across all business activities.
Looking ahead, executives have outlined three core strategic priorities for 2025 and beyond: entering new products and services, transformation through company IT and technology, and international expansion.
Explore the full findings and discover how sector leaders are preparing for growth in a complex and competitive environment.