Fine Chemicals

Sector Maintains a Steady Pace The global pharmaceutical industry is expected to grow 4.5%- 5.5% this year, a pace similar to 2008, and pharma industry sales will exceed $820 billion, says consulting firm IMS Health (Norwalk, CT). There will also be a continued growth shift in the pharma market from developed countries to emerging countries, IMS Health says. Other trends will include specialist-driven products playing a larger role; blockbuster drugs losing patent protection; regulator influence rising; and the effect on demand of uncertainty in the global...

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