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Industry Report

Industry reports, briefs issued by Samsung Economic Research Institute

Challenges Facing Korea's Pharmaceutical Industry

Challenges Facing Korea's Pharmaceutical Industry

KOH You-Sang

Dec. 25, 2004

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The global pharmaceutical industry is growing apace. According to IMS Health, the world's leading provider of information solutions to the pharmaceutical and healthcare industries, the global pharmaceutical market was estimated to have reached US$466.3 billion in 2003. It is expected to expand by 10% a year on average until 2010.


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