Pharma stocks were in the spotlight during the pandemic as the industry played a crucial role in developing vaccines and therapies. While the pandemic benefits have waned, the long-term prospects of the pharmaceutical industry remain strong, given the aging population and increasing prevalence of chronic diseases.
However, not every medical stock is well-positioned to capitalize on the industry’s growth prospects. For reasons mentioned throughout this article, Apellis Pharmaceuticals, Inc. (APLS) should not be the stock to invest in from this industry.
