Pharmaceutical Offshoring Landscape Analysis

Global pharmaceutical market is expected to slow down in 2008 due to patent expiration of branded drugs, increased use of generics and increased pressure from regulators to control costs.
Sales growth of global pharmaceuticals is projected to range from 5 – 6 % versus 6 – 7 % in 2007.
The growth of generic medicines, at 14-15 percent, will be a key market driver in 2008 as payers continue to encourage their use through various means.

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