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Friday, 16 August 2013

Australia Pharmaceuticals and Healthcare Report Q4 2013:Life Sciences Market Research Reports

Life Sciences Market Research Reports
 
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Australia Pharmaceuticals and Healthcare Report Q4 2013
Aug 14th 2013, 00:00, by rnrmahesh

BMI View: Medicine price reductions and a slowing economy will continue to place downside pressures on pharmaceutical firms in Australia. Contributing to this, the government is looking to provide the population with affordable and sustainable pharmaceutical subsidies. However, the listing of new drugs, coupled with rising demand for pharmaceuticals due to the ageing population, will continue to provide both generic and innovative drugmakers with opportunities. Headline Expenditure Projections ? Pharmaceuticals: AUD13.25bn (US$13.73bn) in 2012 to AUD13.64bn (US$13.43bn) in 2013; +2.9% in local currency terms and -2.1% in US dollar terms, due to exchange rate fluctuations. Forecast downgraded from Q313 due …

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