CNBC January 19, 2018
- Health care was one of the top sectors in 2017 investment inflows, at $4 billion, outpaced only by the internet, at $6.5 billion.
- The cost of sequencing a genome is under $1,000, down from $2 billion less than two decades ago; 1 billion people will soon supply the world’s databases with their genomic and phenotypic information.
- 46 new products were approved in 2017, double the number 10 years ago.
- Fred Hassan is an advisory board member for Healthy Returns, CNBC’s new health-care innovation conference, on March 28, 2018, in New York City.
This year’s emergence of breakthrough innovations illustrates the vitality of the health care industry. And biopharma is largely what’s underpinning this paradigm shift in the global...
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