The Pharmaceutical and Life Sciences industry is taking a turn globally. And, these trends are as follows:

  • Brand spending in the developed markets is being negatively affected by patent expirations, the number one winner is the Generics sector.
  • The USA's share of drug spending dropped from 41% in 2006 to 31% in 2016, mainly because of patent expiries.
  • The major turn in the R&D spenders - at present, the USA spends the most on R&D. But, according to the research and recent data, China may lead by 2020.

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