Big Pharma May 2017: Product Developments Shift Stock

 
• By John Hodgson

In a new monthly column, Scrip rounds up events on the stock market, noting trends and exceptional performance both good and bad. This month, the focus is on 30 biopharma companies with market caps above $10bn. Between them, these 30 companies account for approximately 75% of the asset value in the pharmaceutical industry.

Sailing
Positive data put wind in AstraZeneca's sails in May • Source: Shutterstock

Clinical and regulatory successes and failures made major contributions to shifts in market capitalization among the major pharma companies during May 2017.

The markets put $10.5bn (13.7%) on their valuation of AstraZeneca PLC over the month, with two-thirds of that coming...

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