Cash-strapped governments and patent expiries fuel generics growth (Pharmaceutical Business Review)
Story date: 2008-04-17 06:41:11
Added on: 2008-04-17 20:11:00
The increase in cost-limiting measures used by governments and a constant stream of patent expiries mean that the global generics market continues to grow. Generics sales growth is slowing in mature markets like the US, where generics use is high. However, as governments look to curb healthcare spending, the introduction of pro-generic legislation will see less mature markets, like Spain, change.
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