Friday, October 09, 2009

IMS - 2010 global pharma market $825 billion

The value of the global pharmaceutical market is expected to grow 4 to 6 percent in 2010, exceeding $825 billion, led by stronger near-term growth in the US market, according to a forecast by IMS Health. In addition, the company raised its expectations for five-year growth in the international prescription drug market by one percentage point in its latest forecast, to between 4 and 7 percent per year through 2013, "partly due to the stronger demand being experienced in 2009." Full story

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