BMI View: We continue to expect yet another year of pharmaceutical market value contraction in the Netherlands. Having been valued at EUR6.56bn (US$8.33bn) at consumer prices in 2012, or US$498 per capita, we expect negative pressures on volume consumption of medicines as well as on their prices to remain in play, especially as the government foots over 80% of the total healthcare bill. In combination with patent expirations, we expect such pressures to prevent the market’s value growth from returning to the positive territory until 2017 at the earliest. Although the Netherlands will continue to be supplied by research-based pharmaceutical …
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