Piribo: Global Generics Drug Market set for 14% growth to 2012 forecasts New Report

Piribo, the online destination for business intelligence for the biotech and pharmaceutical industry, has added a new report which provides an overview of the global generics mark
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June 9, 2009 - PRLog -- Piribo, the online destination for business intelligence for the biotech and pharmaceutical industry, has added a new report which provides an overview of the global generics market.

“Global Generics”, available at http://tinyurl.com/rxo8 reports that the global generics market was valued at US$106.12 billion in 2008, registering a growth of 12.56% over the previous year, which is five times that of patented drugs. Authors of the report estimate that the global generics market will sustain a CAGR of 14% during the period, 2008-12. Patent expiries of blockbuster drugs and increasing healthcare expenditure will continue to drive the growth of the industry. The major generic firms will become more dominant with further acquisitions in future.

The scope of the 129-page report include:
- The global generics market's various patent challenges, mergers and acquisitions, regional markets (North America, Europe and Asia Pacific) are discussed. Growth drivers of the industry are highlighted to provide a broad global scenario of the market.
- The R&D expenditure of global generics companies is assessed, followed by regulations of the industry.
- The examination of leading industry players provides an analysis of business profiles, financial profiles, key strategies, outlooks and critical success factors.
- The key patent expiries during 2008-12 are discussed along with the future outlook of the industry.

Useful to pharma industry experts, global investors and generics companies, this invaluable report gives insight into the key concepts of global generics in a comprehensive manner and helps the reader understand the industry.

“Global Generics” is available from Piribo. For further information, please visit:  
http://www.piribo.com/publications/generic_drugs/global__...

Piribo product ID: CYG00085

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About Piribo.
Piribo (http:www.piribo.com) is a UK-based independent online store supplying business information on the pharmaceutical and biotechnology industries. The website now carries over 12,000 English language titles including, market reports, studies and books and is the UK’s largest online biopharma information store. Subscribers receive a free monthly newsletter and email alerts on new titles in their areas of interest. The company was established in 2004.
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