Generic Pharmaceuticals Sector Expands as Global Demand for Cheaper Medicines Increases

Sept. 30, 2009 - PRLog -- Report Buyer, the online destination for business intelligence for major industry sectors, has added a market report

According to the report “World Generics Market 2009 - 2024” available at http://www.reportbuyer.com/go/VIS00095 the generic pharmaceuticals sector has been expanding strongly in recent years as the need for cheaper medicines worldwide has increased. The next five years from 2009 will see more leading drugs going off patent, thus increasing opportunities for generics producers. Regulations favouring generic products give cause for optimism in the generics sector, while still leaving scope for novel branded drugs. This report predicts that total revenues in the generics market will continue to increase in the years ahead.

Major players have been moving into the generic drugs market - spearheaded by leading pharma companies and specialist pharma organisations. Established generics companies, such as Teva, are increasing in commercial prominence and international reach. There are many rising challengers in developed and developing countries, inspired by patent expiry on major drugs.

This 126 page report provides detailed sales forecasts, discussions of developments and analyses of commercial drivers and restraints, including a SWOT analysis.
   
The report “World Generics Market 2009 - 2024” is available from Report Buyer at:
http://www.reportbuyer.com/pharma_healthcare/generic_drug...

Report Buyer product ID: VIS00095

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