Industry / United Kingdom
OTC Sector To Provide Revenue Earning Opportunities
March 2011 | Industry Trend AnalysisBMI View: The UK's over-the-counter (OTC) medicines market is one of the most developed both in Europe and the world and is a pioneer in terms of switching drug status from prescription to OTC. It is also heavily backed by authorities that support the concept of self-care. The ongoing process of deregulation and reclassification of medicines in the UK has been a key driver of OTC growth and has led to an increase in the number of active ingredients available in pharmacies without a prescription - thereby providing companies active in the sector with significant revenue-earning opportunities.
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