The medical industry is expanding rapidly as the demand for healthcare products and services increases. Factors such as an aging population, technological breakthroughs, and increased healthcare awareness drive this expansion.
While popular pharma Johnson & Johnson (JNJ) has been an investor favorite for a long time, I believe Horizon Therapeutics Public Limited Company (HZNP), Dr. Reddy’s Laboratories Limited (RDY), and Novartis AG (NVS) are better positioned to capitalize on the industry’s prospects now.
