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Biotech Frontiers

The Next Wave of Innovation

Biotech stocks have struggled as a group, but the pace of drug discovery is accelerating. In this episode of “The Angle,” Sal Rais joins Jennifer Martin to explore how new ways of treating disease are improving human health and how breakthrough drugs can create value for some biotech innovators.

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An experienced partner with global reach1

1937

Year founded

CAD 2.26 trillion

Assets under management

806

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The Long View

Active investing is suited to the challenging markets ahead

Passive investment strategies enjoyed a long period of growth in the era of low rates, ample liquidity, and low volatility that followed the global financial crisis. However, in the new world of higher rates, greater dispersion, and heightened volatility, the need for active investment strategies will increase.

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By  Richard Coghlan, David Clewell
By  David J. Eiswert
By  Arif Husain
Aug 2025 MARKET INSIGHTS

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1All data as of 31 March 2025 unless otherwise noted. Firmwide assets under management include assets managed by T. Rowe Price Associates, Inc., and its investment advisory affiliates.

Assets under management are calculated in US dollars and converted to Canadian dollars using an exchange rate determined by an independent third party.

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