Drug developers, gene therapy, mRNA platforms, diagnostics. Binary outcomes - patent + FDA risk dominate. Average ROIC negative because most pre-revenue names burn cash; the few winners compound aggressively.
Industry leader
Halozyme Therapeutics, Inc. HALO
Buffett-Fit: 69/100
Biotechnology is the highest-variance industry in healthcare. Patent expirations are scheduled value destruction; FDA approvals are binary risk. The Buffett-Fit framework favours commercial-stage biotechs with sustained positive net income + clear pipeline depth - typically large-cap names rather than pre-revenue clinical-stage companies. Avoid the average; chase the winners.
Sorted by composite quality score - ROIC, margin stability, balance-sheet strength, growth quality. Click any ticker for the full Buffett verdict.
8.1B mcap
1.7B mcap
23.4B mcap
199.8B mcap
16.5B mcap
626M mcap
19.4B mcap
6.5B mcap
24.1B mcap
49.9B mcap
3.8B mcap
39.7B mcap
6.1B mcap
5.7B mcap
2.8B mcap
2.0B mcap
1.1B mcap
7.5B mcap
10.5B mcap
110.3B mcap
12.6B mcap
65.8B mcap
844M mcap
1.8B mcap
3.6B mcap
539M mcap
859M mcap
6.0B mcap
1.1B mcap
5.3B mcap
4.6B mcap
1.8B mcap
1.7B mcap
15.0B mcap
588M mcap
1.0B mcap
549M mcap
8.8B mcap
1.0B mcap
625M mcap
806M mcap
4.5B mcap
1.4B mcap
1.8B mcap
1.9B mcap
1.8B mcap
537M mcap
1.7B mcap
4.0B mcap
522M mcap
See all industries + sector-level statistics + framework filters.
Educational framework analysis only. Not investment advice, not a recommendation, not personalized to your situation. Always do your own research.