Welcome to Fordham University Gabelli School of Business’ Bio/Pharma/Healthcare Community! Here you’ll find resources such as blogs, events, and resources specific to Bio/Pharma/Healthcare to help you embrace your career and academic journey and explore Fordham’s career resources in one central space.
The opportunity in biopharmaceuticals is big and growing rapidly. Today, biopharmaceuticals generate global revenues of $163 billion, making up about 20 percent of the pharma market. By far the fastest-growing part of the industry: biopharma’s current annual growth rate of more than 8 percent is double that of conventional pharma, and growth is expected to continue at that rate for the foreseeable future.
The healthcare industry in the United States has experienced steady growth over the past decade while simultaneously promoting quality, efficiency, and access to care. Between 2012 and 2019, profit pools (earnings before interest, taxes, depreciation, and amortization, or EBITDA) grew at a compound average growth rate of roughly 5 percent.