Putting durable growth themes to workA thematic approach is a distinctive feature of Putnam Growth Opportunities Fund. The team analyzes global trends, as well as problems and potential solutions, to identify which themes could drive sustained growth for businesses over a multi-year time horizon.
THEME: Personalized medicineWe are in the very early innings of a shift toward a broader application of personalized medicine, where therapies will be targeted to a particular patient based on that individual’s DNA, RNA, and genetic composition. Many companies are making great strides in cell and gene therapy to help in the diagnosis and treatment of cancers and genetic diseases.
A patient’s genetic makeup will become increasingly more important in the therapy and treatment they receive.
STOCK: Lonza (LONN SW)Lonza manufactures small- and large-molecule therapies, and opened the world’s largest dedicated cell and gene therapy facility in 2018.
- There are hundreds of cell and gene therapy treatments in various phases of development.
- In order to ramp production and ultimately commercialize these therapies, biopharma companies need contract development manufacturing organizations (CDMOs).
- Rather than trying to forecast at this stage which individual businesses will be successful, we are invested in Lonza, which has a solid CDMO business.
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