Global Generic Drugs Market to Exhibit Exponential Growth Driven by Impending Patent Expiry of Blockbuster Drugs
As patent expiry looms, the blockbuster drug manufacturers are increasingly finding it difficult to focus on extending the lifecycle of the products they manufacture. The market for generic drugs, has, therefore, expanded rapidly worldwide, and is expected to incredibly thrive between 2012 and 2018. Generic drugs include medications with the same chemical compositions and possess characteristics as their blockbuster variants. Unlike the branded or blockbuster drugs, generic drugs do not display their brand names on the package but are marketed...
View full press release