Investing in pharmaceutical stocks is not for the faint of heart. And understanding the drug development process is the first step every healthcare investor should take. Successfully obtaining approval to market a drug from the FDA can take 10 to 15 years and cost over $2.6 billion.
What are the best pharmaceutical stocks to invest in?
Along with Johnson & Johnson (NYSE:JNJ), Zoetis Inc. (NYSE: ZTS), and Eli Lilly and Company (NYSE: LLY), Merck & Co., Inc. (NYSE: MRK) is one of the best pharmaceutical stocks to invest in. 10. AstraZeneca PLC (NASDAQ: AZN) AstraZeneca PLC (NASDAQ:AZN) is a British-Swedish pharmaceutical company.
Is the pharmaceutical industry a good investment?
The pharmaceutical industry is one of the few Wall Street sectors that caters to nearly any investing style or strategy.
