Why Big Pharma Won't Get Its Piece Of The $1.2 Trillion Global Drug Market

The global market for prescription drugs will grow from $950 billion now to $1.2 trillion in 2016, according to a new report released today. But Big Pharma may sit out much of the growth as patents on big-selling drugs expire and people fast-growing markets such as China, Russia, and Brazil buy generic drugs from local manufacturers.

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Source: Forbes