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Friday, 23 August 2013

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

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Tanzania Pharmaceuticals and Healthcare Report Q4 2013
Aug 21st 2013, 00:00, by rnrmahesh

BMI View: We do not expect Tanzania’s reliance on imported drugs to decrease, even though the government had been encouraging the production of drugs locally. Additionally, export growth will be slow due to the limited capabilities of local drugmakers, which are unable to compete with the greater range of medicines made by multinational generic medicine firms. Headline Expenditure Projections ? Pharmaceuticals: TZS670.79bn (US$423mn) in 2012 to an anticipated TZS740.06bn (US$456mn) in 2013; +10.3% growth in local currency terms and +7.7% in US dollar terms. ? Healthcare: TZS2.71trn (US$1.71bn) in 2012 to TZS3.07trn (US$1.89bn) in 2013; 13.2% growth in local currency …

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