Thursday, April 23, 2009

A shrinking market? - Matt Herper writes

The global pharmaceutical market, measured in dollars, will shrink in 2009 for the first time in 25 years, according to a new report.

Sales of medicines will generate between $750 billion and $760 billion this year, according to a revised forecast from research firm IMS Health, down from $773 billion in 2008.

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