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Friday, 18 October 2013

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

Life Sciences Market Research Reports
 
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Myanmar Pharmaceuticals and Healthcare Report Q4 2013
Oct 16th 2013, 00:00, by swapnil

BMI View: We maintain that the growth potential of Mynamar’s pharmaceutical market can only be achieved over the long term as it is necessary for the country to improve on its basic infrastructure, which is required for the industry. In addition, due to its small market size, we expect firms to set up bases in neighbouring Vietnam or other countries in South East Asia and distribute the products from the country to Myanmar and Cambodia in order to lower overall operation costs. Headline Expenditure Projections •Pharmaceuticals: MMK236.1bn (US$270mn) in 2012 to MMK268.8bn (US$290mn) in 2013; +13.8% in local currency terms …

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