Did you know…?
India, which tops the world in generics exports, is developing into a world leader in the pharmaceutical sector, with sales expected to leap from the current US$11 billion per year to US$74 billion by 2020.
Almost 97% of websites selling prescription drugs in North America were found to be operating illegally, according to the National Association of Boards of Pharmacy.
Pharmaceutical spending is projected to more than double in China and India and to grow by over 50% in Russia and Brazil between now and 2016
Revenues from clinical trials in India and China show compound annual growth of more than 20% with China expected to become the world's second largest market for pharmaceutical clinical trial services by 2021
According to some industry estimates, by 2014, seven out ofthe top 10 pharmaceuticalssold globally are going to require temperature-control management.
By 2016, worldwide sales fo cold chain drugs and biologics, such as vaccines and blood plasma products, will approach $240 billion.
It takes some 12 or 14 years on average to develop a new medicine.
The top 100 drugs in 2014 will for the first time be evenly split between biotechnology and small molecule technology.
in 2010, 8 million people died from cancer, over a third more deaths than in 1990; and the incidence of cancer is expected to grow by another 75% by 2030, with cases nearly doubling in some developing countries.
Sequencing the human genome has become ever cheaper and faster, coming down from $95 million in 2001 to $1000 today for a single test.