Pharma to grow by 13%: Boston Analytics study
| Pharma to grow by 13%: Boston Analytics study |
| BS Reporter / Mumbai November 20, 2007 |
| The Indian pharmaceutical industry is set to grow by 13.5% in the next three years and the booming Indian pharmaceutical outsourcing market is expected to see a compound annual growth rate (CAGR) of 37.5%, according to a new study released by US-based research firm Boston Analytics. The study also forecasts the domestic market to reach $10.3 billion by 2010. Factors crucial to the growth will be internal demand for drugs due the country |
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First Published: Nov 20 2007 | 1:43 PM IST