Cancer Vaccines
IMS Health Reports Global Pharmaceutical Market Grew 7.0 Percent in 2006, to $643 Billion
Published in Vaccine Weekly, April 4th, 2007
IMS Health (NYSE: RX), the world's leading provider of market intelligence to the pharmaceutical and healthcare industries, today announced that the 2006 global pharmaceutical market* (see endnote) grew 7.0 percent, at constant exchange rates, to $643 billion. A rebound in growth to 8.3 percent in the U.S. - fueled by an increase in prescribing volume due to Medicare Part D - and innovations in oncologics that drove strong 20.5 percent global growth in that therapeutic class, were key contributors to the market's expansion.
"We continue to see a shift in growth in the marketplace away from mature markets to emerging ones, and from primary care classes to biotech and...
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Source: Vaccine Weekly (2007-04-04)
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