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Companies / Israel

Pharmaceuticals Become Israel's Leading Export

June 2006 | Company Finance Alert

Pharmaceuticals are Israel's leading export industry, according to the Manufacturers' Association of Israel (MAI). In Q106, drug exports were US$600mn, a y-o-y increase of 27%. The US market is the leading export destination, accounting for 77% of overseas sales, and growing by 45% in the quarter to reach US$427.6mn. In 2005, Israel exported US$2.2bn worth of

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