US Generic Drugs to Grow Strongly in Future
According to a new research report by RNCOS, “Booming US Generic Drug Market”, the revenue patterns associated with the sales of generics drugs have surged significantly over the past few years. In 2010, the US generic drugs sector was valued at around US$ 81.5 Billion, and is anticipated to advance at a CAGR of around 10% during 2010-2013. Key factors supporting the market growth include expiring patents of blockbuster drugs, government support, and shift in consumer behavior. As the government...
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