Israel Pharmaceuticals & Healthcare Report Q1 2014 - New Market Report
Israel's pharmaceutical industry is well developed and export-driven. The primary focus is the manufacture of generic drugs by local drugmakers for export to the US and EU. However, in light of increasing global demand for generic drugs, fuelling competition in the sector, we believe Israeli firms will continue to branch out into innovative products, capitalising on the country's strong academic research infrastructure. We expect the presence of multinationals in the sector to remain largely through imports, based on the country's...
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