New Market Study Published: Thailand Pharmaceuticals & Healthcare Report Q4 2012
BMI View: Over the medium to long term, Thailand will be facing intensive competition from neighbouring countries such as Malaysia, Indonesia and Philippines as they roll out plans to improve healthcare coverage and boost growth in the pharmaceutical industry. The intense competition coupled with the usage of compulsory licenses, regulatory lapses and widespread corruption will deter foreign investments into the sector. Despite this we highlight that the country's strong medical tourism sector and the impending implementation of the ASEAN Economic...
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