Companies / Israel
Strong Prospects Ahead
May 2007 | Industry NewsIsrael is the most advanced pharmaceuticals sector in the Middle East, boasting one of the highest per capita spending in the region. The market, despite the limited population numbers, will remain buoyant throughout most of the forecast period, driven by considerable disposable income, demand for latest medicines, epidemiological trends and the activities of the local industry. On the negative side, government cost-containment measures and intellectual property (IP) shortcomings will continue to have a negative impact on the overall figures, despite benefiting
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