CPhI: Emerging Countries Will Drive Growth in the Pharma Industry and Develop Innovator Drugs

Growth in the pharmaceutical industry will be driven by emerging markets during the next 10-15 years, and these countries will be developers of innovator drug products, says fine chemicals business consultant Peter Pollak (Reinach, Switzerland). Speaking to CW at the CPHI conference and expo, currently being held in Madrid, Pollak said that the pharma industry in the developed world, which was growing about 10%/year in 2001, is currently growing at about 3%/year, and emerging markets are seeing double-digit growth. Generic drugs will gain in importance and the...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers