Global Biopharmaceuticals Market is valued at USD 244.51 Billion (€ 206.13 Bn) in 2019 and expected to reach USD 599.92 Billion (€ 505.73 Bn) by 2026 with the CAGR of 13.68 % over the forecast period.Global Biopharmaceuticals Market is driven by prevalence of chronic diseases, geriatric population, rising Research and development investments in the industry. Worldwide cancer prevalence is estimated to have risen to 18.1 million new cases causing nearly 9.6 million deaths in 2018. As per research 1 in 5 men and 1 in 6 women worldwide develop cancer and 1 in 8 men and 1 in 11 women die from the disease. According to International Agency for Research on Cancer By 2040, the number of new cancer cases per year is expected to rise to 29.5 million and the number of cancer-related deaths to 16.4 million. Further growing Investments in R&D is expected to drive market growth in forecast period. For instance in May 2020 three pharmaceutical giants Novartis, Pfizer and the Merck group have backed Swiss company FoRx