BMI View: The improving performance of Mexico’s regulatory system presents more opportunities for multinational pharmaceutical companies seeking to enter the Mexican pharmaceutical market. On the back of favourable economic and political conditions, we forecast Mexico’s pharmaceutical market will grow at a rate of 8.8% in 2013 in local currency terms and 14.4% in US dollar terms. Headline Expenditure Projections ? Pharmaceuticals: MXN176.00bn (US$13.38bn) in 2012 to MXN191.42bn (US$15.31bn) in 2013; +8.8% in local currency terms and +14.4% in US dollar terms. Forecasts decreased from Q213 due to macroeconomic forecast changes. ? Healthcare: MXN957.76bn (US$72.82bn) in 2012 to MXN1,035.09bn (US$82.81bn) in …
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