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Small cap healthcare stocks surge to billion-dollar plays

Yolanda Redrup
Yolanda RedrupRich List Editor

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A series of successful phase two clinical trials and increasing commercial adoption in the US market for Aussie biotech companies have driven the creation of three new billion-dollar healthcare stocks in just a few months.

In the past six months more than $3.25 billion dollars has been added to the valuations of a handful of small and mid cap healthcare stocks like Avita Medical, Opthea, PolyNovo and Paradigm Biopharmaceuticals.

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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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    Original URL: https://www.afr.com/companies/healthcare-and-fitness/small-cap-healthcare-stocks-surge-to-billion-dollar-plays-20190929-p52vx1