The Market Publishers, Ltd. Release: Generic Drug Companies Discussed in New Research Report Recently Published at MarketPublishers.com
12/13/2011 8:45:22 AM
LONDON--(BUSINESS WIRE)--In common with a host of various markets worldwide, the generic and branded sectors also experience hard times amid today’s economic turmoil.
The generic industry was once considered as a valuable way to bring effective products within the reach of wider audience. This, tightly bound to the soaring prices for new advanced branded products, contributed to the sector’s rapid expansion. Even markets traditionally based in the provision of branded medicines have increasingly started prescribing generic drugs. But downward pressure on generic prices and, consequently, lower margins are creating pain for generic companies.
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