{"id":940055,"date":"2026-10-25T05:24:10","date_gmt":"2026-10-25T05:24:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/940055\/"},"modified":"2026-10-25T05:24:10","modified_gmt":"2026-10-25T05:24:10","slug":"the-hunt-for-australias-next-csl-3-asx-healthcare-shares-with-enormous-potential","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/940055\/","title":{"rendered":"The hunt for Australia&#8217;s next CSL: 3 ASX healthcare shares with enormous potential"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Few Australian companies have created as much wealth for long-term investors as CSL Ltd (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/asx-csl\/\" rel=\"nofollow noopener\" target=\"_blank\">ASX: CSL<\/a>). <\/p>\n<p class=\"wp-block-paragraph\">The <a href=\"https:\/\/www.fool.com.au\/investing-education\/biotech-shares\/\" rel=\"nofollow noopener\" target=\"_blank\">biotechnology<\/a> giant has experienced a difficult few years, with disappointing earnings growth and a share price that has struggled to regain its former highs.  <\/p>\n<p class=\"wp-block-paragraph\">But when you look at its performance over several decades, the story is extraordinary. <\/p>\n<p class=\"wp-block-paragraph\">When CSL listed on the ASX in 1994, its shares were issued at $2.30. By the time it <a href=\"https:\/\/newsroom.csl.com\/2019-10-14-CSL-Limited-Celebrates-25-Years-on-the-ASX\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">celebrated 25 years<\/a> on the market in 2019, the company reported that its share price had grown at an average <a href=\"https:\/\/www.fool.com.au\/definitions\/compounding\/\" rel=\"nofollow noopener\" target=\"_blank\">compound<\/a> rate of 25.2% annually, accounting for its share split.<\/p>\n<p class=\"wp-block-paragraph\">Imagine being among those early investors and holding on as the company grew into an international healthcare powerhouse.<\/p>\n<p><img loading=\"eager\" fetchpriority=\"high\" decoding=\"async\" width=\"1200\" height=\"675\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/10\/doctors-white-coat-16.9-1200x675.jpg\" class=\"attachment-full size-full wp-post-image\" alt=\"Two doctors having a discussion about a patient diagnosis, holding digital tablet.\"  \/><\/p>\n<p>Image source: Getty Images<\/p>\n<p>Finding the next big winner<\/p>\n<p class=\"wp-block-paragraph\">What makes CSL&#8217;s success so impressive is how much the business has grown since listing on the ASX.<\/p>\n<p class=\"wp-block-paragraph\">It expanded internationally, acquired other businesses, invested heavily in research, and developed medicines that became important treatments for patients worldwide.<\/p>\n<p class=\"wp-block-paragraph\">And investors who bought shares before much of that growth took place have been rewarded handsomely.<\/p>\n<p class=\"wp-block-paragraph\">That&#8217;s what makes looking for the next great Australian healthcare company so interesting to me.<\/p>\n<p class=\"wp-block-paragraph\">If you can identify a business with a promising treatment, a large potential market, and the ability to expand internationally, there could be considerable rewards as it grows.<\/p>\n<p class=\"wp-block-paragraph\">Of course, finding those opportunities is far from easy. Many biotechnology companies spend years developing treatments that ultimately fail clinical trials or never receive regulatory approval. And even an approved treatment doesn&#8217;t guarantee commercial success.<\/p>\n<p class=\"wp-block-paragraph\">That&#8217;s why I&#8217;d be looking for companies that have already demonstrated meaningful progress and have a realistic opportunity to build much larger businesses.<\/p>\n<p class=\"wp-block-paragraph\">I certainly don&#8217;t expect another company to replicate CSL&#8217;s extraordinary performance.<\/p>\n<p class=\"wp-block-paragraph\">But there are three ASX healthcare shares that I think have the potential to achieve substantial growth over the coming years.<\/p>\n<p class=\"wp-block-paragraph\">Each has already reached an important commercial milestone, and each has opportunities that could transform its future.<\/p>\n<p class=\"wp-block-paragraph\">Here&#8217;s why I think they deserve a closer look.<\/p>\n<p>Gryvk Cuneznprhgvpnyf Ygq (NFK: GYK)<\/p>\n<p class=\"wp-block-paragraph\">Bs gur guerr pbzcnavrf, Gryvk vf nethnoyl gur pybfrfg gb orpbzvat na rfgnoyvfurq vagreangvbany urnygupner cbjreubhfr.<\/p>\n<p class=\"wp-block-paragraph\">Vg fcrpvnyvfrf va enqvbcuneznprhgvpnyf, juvpu hfr enqvbnpgvir zngrevnyf gb uryc qvntabfr naq gerng qvfrnfrf fhpu nf pnapre.<\/p>\n<p class=\"wp-block-paragraph\">Vgf rkvfgvat cebqhpgf, Vyyhppvk naq Tbmryyvk, uryc qbpgbef vqragvsl cebfgngr pnapre hfvat fcrpvnyvfrq zrqvpny vzntvat.<\/p>\n<p class=\"wp-block-paragraph\">Naq gur ohfvarff vf nyernql trarengvat fhofgnagvny erirahr. Va vgf <a href=\"https:\/\/www.fool.com.au\/2026\/10\/21\/telix-pharmaceuticals-q3-2026-earnings-revenue-up-pipeline-advances\/\" rel=\"nofollow noopener\" target=\"_blank\">yngrfg dhnegreyl hcqngr<\/a>, Gryvk ercbegrq HF$245 zvyyvba va erirahr, hc 19% pbzcnerq jvgu gur cerivbhf pbeerfcbaqvat crevbq.<\/p>\n<p class=\"wp-block-paragraph\">Orpnhfr bs guvf fgebat cresbeznapr, znantrzrag rkcrpgf erirahr naq bgure vapbzr gb rkprrq HF$1 ovyyvba va 2026.<\/p>\n<p class=\"wp-block-paragraph\">V guvax gung&#8217;f na vzcerffvir cbfvgvba sbe n pbzcnal jvgu fb zhpu fgvyy nurnq bs vg.<\/p>\n<p class=\"wp-block-paragraph\">Jung rkpvgrf zr zbfg vf gur cbgragvny sbe Gryvk gb rkcnaq orlbaq pnapre qvntabfvf vagb pnapre gerngzrag.<\/p>\n<p class=\"wp-block-paragraph\">Gur pbzcnal vf qrirybcvat gurencvrf qrfvtarq gb qryvire gnetrgrq enqvngvba gb pnapre pryyf, cbgragvnyyl bcravat hc fhofgnagvny arj pbzzrepvny bccbeghavgvrf. <\/p>\n<p class=\"wp-block-paragraph\">Vgf erprag <a href=\"https:\/\/www.fool.com.au\/2026\/09\/21\/telix-pharmaceuticals-itm-merger-builds-a-sector-leader\/\" rel=\"nofollow noopener\" target=\"_blank\">zretre nterrzrag<\/a> jvgu Trezna enqvbvfbgbcr fcrpvnyvfg VGZ pbhyq nyfb fgeratgura vgf znahsnpghevat pncnovyvgvrf naq rkcnaq vgf qrirybczrag cvcryvar, nffhzvat gur genafnpgvba pbzcyrgrf. <\/p>\n<p class=\"wp-block-paragraph\">Gurer ner cyragl bs punyyratrf, vapyhqvat erthyngbel uheqyrf, rkcrafvir pyvavpny gevnyf, naq gur pbfgf bs pbzzrepvny rkcnafvba.<\/p>\n<p class=\"wp-block-paragraph\">Ohg V guvax Gryvk unf fbzrguvat cnegvphyneyl inyhnoyr. Vg unf na rfgnoyvfurq pbzzrepvny ohfvarff gung pbhyq uryc fhccbeg vgf nzovgvbaf gb orpbzr n zhpu ynetre cuneznprhgvpny pbzcnal. <\/p>\n<p>Zrfboynfg Ygq (NFK: ZFO)<\/p>\n<p class=\"wp-block-paragraph\">Zrfboynfg unf gnxra n qvssrerag cngu. Gur pbzcnal unf fcrag lrnef qrirybcvat pryy-onfrq gerngzragf sbe frevbhf zrqvpny pbaqvgvbaf, raqhevat pbafvqrenoyr frgonpxf nybat gur jnl. <\/p>\n<p class=\"wp-block-paragraph\">Vgf grpuabybtl hfrf fcrpvnyvfrq pryyf bognvarq sebz nqhyg qbabef, juvpu pna or znahsnpgherq vagb gerngzragf qrfvtarq gb erthyngr qnzntvat vasynzzngvba. <\/p>\n<p class=\"wp-block-paragraph\">Gur ovt oernxguebhtu pnzr va Qrprzore 2024. Nsgre lrnef bs qrirybczrag naq erthyngbel qvssvphygvrf, Zrfboynfg svanyyl erprvirq HF nccebiny sbe Elbapvy. <\/p>\n<p class=\"wp-block-paragraph\">Guvf gerngzrag vf hfrq va puvyqera fhssrevat sebz n frevbhf pbzcyvpngvba bs obar zneebj genafcynagngvba, jurer qbangrq vzzhar pryyf nggnpx gur cngvrag&#8217;f obql naq pbairagvbany fgrebvq gerngzragf unir snvyrq. <\/p>\n<p class=\"wp-block-paragraph\">V guvax frphevat gung nccebiny jnf na rabezbhf npuvrirzrag. Naq vzcbegnagyl, Zrfboynfg vf abj qrzbafgengvat gung gurer vf pbzzrepvny qrznaq sbe vgf grpuabybtl. <\/p>\n<p class=\"wp-block-paragraph\">Va gur <a href=\"https:\/\/www.fool.com.au\/2026\/10\/16\/mesoblast-reports-ryoncil-revenue-surge-and-improved-cash-spend\/\" rel=\"nofollow noopener\" target=\"_blank\">Frcgrzore 2026 dhnegre<\/a>, Elbapvy trarengrq HF$28 zvyyvba va arg erirahr, ercerfragvat tebjgu bs 44% lrne ba lrne. Gur pbzcnal nyfb ercbegrq n fhofgnagvny vzcebirzrag va vgf bcrengvat pnfu fcraqvat. <\/p>\n<p class=\"wp-block-paragraph\">Sbe zr, gur ovt dhrfgvba vf jung unccraf arkg. Zrfboynfg vf jbexvat gb rkcnaq vgf gerngzragf vagb nqqvgvbany pbaqvgvbaf, vapyhqvat nqhyg cngvragf jvgu tensg-irefhf-ubfg qvfrnfr. Vg nyfb unf qrirybczrag cebtenzzrf gnetrgvat urneg snvyher naq puebavp ybjre onpx cnva.<\/p>\n<p class=\"wp-block-paragraph\">Fhpprff va gurfr nernf pbhyq fvtavsvpnagyl rkcnaq vgf nqqerffnoyr znexrg.<\/p>\n<p class=\"wp-block-paragraph\">Bs pbhefr, gurer ner ab thnenagrrf gung shegure nccebinyf jvyy sbyybj, naq Zrfboynfg fgvyy unf pbafvqrenoyr jbex nurnq orsber npuvrivat fhfgnvanoyr cebsvgnovyvgl. <\/p>\n<p class=\"wp-block-paragraph\">Ohg nsgre fhpu n qvssvphyg wbhearl, V guvax vgf genafvgvba vagb n pbzzrepvny urnygupner ohfvarff pbhyq or gur ortvaavat bs n zhpu ovttre fgbel. <\/p>\n<p>Arhera Cuneznprhgvpnyf Ygq (NFK: ARH)<\/p>\n<p class=\"wp-block-paragraph\">Zl svany cvpx vf Arhera, juvpu unf nyernql qrzbafgengrq gung n fznyy ovbgrpuabybtl pbzcnal pna perngr n inyhnoyr vagreangvbany cuneznprhgvpny ohfvarff. <\/p>\n<p class=\"wp-block-paragraph\">Jung pngpurf zl rlr jvgu Arhera vf ubj vg trarengrf vapbzr.<\/p>\n<p class=\"wp-block-paragraph\">Engure guna znahsnpghevat naq fryyvat vgf gerngzragf qverpgyl, Arhera unf cnegarerq jvgu Npnqvn Cuneznprhgvpnyf gb pbzzrepvnyvfr Qnlohr.<\/p>\n<p class=\"wp-block-paragraph\">Guvf zrqvpvar gerngf Ergg flaqebzr, n ener arhebybtvpny pbaqvgvba gung pna frireryl nssrpg pbzzhavpngvba, zbirzrag, naq qrirybczrag.  <\/p>\n<p class=\"wp-block-paragraph\">Npnqvn unaqyrf pbzzrepvnyvfngvba, juvyr Arhera erprvirf eblnygvrf sebz fnyrf. V yvxr gung neenatrzrag orpnhfr vg nyybjf Arhera gb orarsvg sebz tebjvat qrznaq jvgubhg pneelvat gur shyy pbfgf bs n tybony fnyrf bcrengvba.<\/p>\n<p class=\"wp-block-paragraph\">Naq gur ahzoref ner rapbhentvat. Qnlohr trarengrq HF$125 zvyyvba va fnyrf sbe Npnqvn qhevat gur Whar 2026 dhnegre, rneavat Arhera HF$12.9 zvyyvba va eblnygvrf.<\/p>\n<p class=\"wp-block-paragraph\">Arhera unf nyfb ernpurq gur cbvag bs cnlvat qvivqraqf, na vzcerffvir zvyrfgbar sbe n ovbgrpuabybtl ohfvarff.<\/p>\n<p class=\"wp-block-paragraph\">Ohg V guvax gur erny bccbeghavgl yvrf va jung pbhyq pbzr arkg. Arhera vf qrirybcvat nabgure gerngzrag, AAM-2591, sbe frireny frevbhf arhebqrirybczragny qvfbeqref.<\/p>\n<p class=\"wp-block-paragraph\">N Cunfr 3 gevny vf haqrejnl va Curyna-ZpQrezvq flaqebzr, jvgu nqqvgvbany qrirybczrag bccbeghavgvrf va bgure ener pbaqvgvbaf. Vs gurfr cebtenzzrf fhpprrq, Arhera pbhyq riraghnyyl unir zhygvcyr pbzzrepvny cebqhpgf trarengvat vapbzr.<\/p>\n<p class=\"wp-block-paragraph\">Pyvavpny bhgpbzrf erznva hapregnva, naq gur pbzcnal qrcraqf urnivyl ba gur pbagvahvat fhpprff bs Qnlohr. Ubjrire, V guvax vgf rkvfgvat eblnygl ohfvarff cebivqrf n fgebat sbhaqngvba sbe chefhvat shegure oernxguebhtuf.<\/p>\n<p>Sbbyvfu gnxrnjnl<\/p>\n<p class=\"wp-block-paragraph\">Svaqvat Nhfgenyvn&#8217;f arkg PFY vf na nzovgvbhf tbny, naq V pregnvayl jbhyqa&#8217;g rkcrpg nal bs gurfr pbzcnavrf gb qryvire gur fnzr rkgenbeqvanel ergheaf.<\/p>\n<p class=\"wp-block-paragraph\">Ohg V guvax nyy guerr unir bccbeghavgvrf gung pbhyq genafsbez gurve ohfvarffrf.<\/p>\n<p class=\"wp-block-paragraph\">Jung V yvxr vf gung gurl unir nyernql zbirq orlbaq fvzcyl cebzvfvat vairfgbef gung gurve grpuabybtl pbhyq jbex.<\/p>\n<p class=\"wp-block-paragraph\">Rnpu unf npuvrirq pbzzrepvny fhpprff, naq rnpu unf shegure bccbeghavgvrf gung pbhyq fhofgnagvnyyl vapernfr vgf rneavatf.<\/p>\n<p class=\"wp-block-paragraph\">Sbe vairfgbef pbzsbegnoyr jvgu gur evfxf bs ovbgrpuabybtl, V guvax gurfr ner guerr NFK urnygupner funerf jbegu jngpuvat pybfryl.<\/p>\n","protected":false},"excerpt":{"rendered":"Few Australian companies have created as much wealth for long-term investors as CSL Ltd (ASX: CSL). The biotechnology&hellip;\n","protected":false},"author":2,"featured_media":940056,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[64,63,6166,137,500],"class_list":["post-940055","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-au","tag-australia","tag-editors-choice","tag-health","tag-healthcare"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/940055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=940055"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/940055\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/940056"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=940055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=940055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=940055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}