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Global Pharmaceutical Market Outlook Positive But Challenging

January 2007 | Industry Forecast

BMI is forecasting that the value of the US$650bn global pharmaceutical market will grow by approximately 6% this year, significantly outpacing other industries. Distinct opportunities exist for generic drugmakers, biotechnology players and operators in emerging markets. However, we caution that risks remain for stakeholders including the inevitable reduction in sales forces, falling R&D productivity and increasing patent expiries.

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