Inflation Concerns Hurts Consumer Confidence, Healthcare Spending

BMI View: Though Argentina has come a long way in improving living standards since its economic crash in 2001-02, persistent inflation and recurring economic insecurities have left many citizens struggling to meet their medical needs. With nationalist sentiments and healthcare promises set to rise in the run-up to this October's presidential elections, we believe the country's decision to support state-run companies will tarnish the sector's appeal for foreign drugmakers.

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