Entry of MNC"s to Boost the Asia Pacific Pharma Market
Pharmaceutical market in the Asia-Pacific region has been continuously gaining a larger share of the global pharma industry. This is due to the fact that, more and more pharma companies have been shifting their research and manufacturing operations to this region. Important pharmaceutical markets like, China, South Korea, India, Vietnam, and Indonesia will continue to grow at a healthy growth rate despite challenges in regulatory conditions. The region will continue to witness this growing trend, hence, the Asia-Pacific market is anticipated to grow at a CAGR of nearly 12% during 2011 - 2013, says our new research report