1409 GMT - AstraZeneca is likely to lead in next-generation biologic medicines, a market that could generate at least $100 billion in U.S. revenue by 2045, Bernstein analysts say. Next-gen biologic technologies such as antibody-drug conjugates and bispecific antibodies are expected to expand quickly due to higher efficacy and less toxicity, according to Bernstein. Britain's AstraZeneca started to bet on this in 2019 via partnership with Daiichi Sankyo for antibody-drug conjugate Enhertu to treat cancer, and has invested heavily since then to build an in-house portfolio of next-gen biologics, the analysts say. "Hence, unlike its competitors, [AstraZeneca] is no longer reliant on economically dilutive partnerships," they add. The company's next-gen pipeline could generate global sales of $30 billion in 2045, Bernstein estimates. Shares rise 0.35%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
March 31, 2026 10:09 ET (14:09 GMT)
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