Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Companies / Canada

Growth Of Canada's Drug Market Slows

March 2006 | Company Finance Alert

Canada's prescription drug market grew by 7.3% to CAD$16.6bn billion (US$14.3bn) in 2005, the smallest increase since 1996. The slow down in growth is attributed to government cost-containment measures, fewer innovative products being introduced and the collapse of the COX-2 inhibitor

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