The Pharmaceutical Journal
Vol 280 No 7499 p499
26 April 2008

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News summary

Global prescription market

The global prescription market grew by 6.4 per cent in 2007 to $712bn, according to data released this month by IMS Health.

The US remains the single largest market with $286.5bn in sales, although its contribution to global market growth was its lowest ever at 25.5 per cent. Among European markets, those of Russia and Turkey saw the largest growths (20.2 per cent and 17.2 per cent, respectively).

The Latin-American and Asian markets also continue to grow, says IMS.