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Biotech Business
RNCOS Releases a New Report- Booming US Generic Drug Market
August 2nd, 2008
RNCOS has recently added a new Market Research Report titled, "Booming US Generic Drug Market" to its report gallery. The report does a thorough investigation of both the drivers as well as restraints impacting the market, and the factors that distinguish the US from other generic markets of the world. The US represents the world's largest market for generic drugs with unbranded generics accounting for more than 50% prescriptions and 10% sales out of the total pharmaceutical market in 2006. The market is driven by several factors, including lower costs, a favorable political environment, and rapidly increasing ageing population. The top 10 players in...
Source: Law & Health Weekly (2008-08-02)
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