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Article: Research and Markets: In 2008, Argentina's Pharma Annual Sales Rose By 26.8% In Local Terms, Reaching 9.6 Billion Pesos (US$3.1 Billion).
- Article from:
- Business Wire
- Article date:
- November 6, 2009
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DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/a8887a/the_pharmaceutical) has announced the addition of the "The Pharmaceutical Market: Argentina" report to their offering.
In terms of size, the Argentine market is much smaller than Mexico and Brazil, but similar to Venezuela. The pharmacy sector, traditionally dominated by branded products, has showed an impressive double-digit growth in recent years but the growth rate is expected to slow down in the years to come, especially as real economic growth is projected to fall in 2009. The balance of pharmaceutical trade remains in deficit; local producers have a surplus, whist foreign ...