The Pharmaceutical Market in Argentina
Argentina is one of the fast growing pharmaceutical markets in Latin America. It has an approximate revenue share of 10% of the total Latin American pharmaceutical market, and the third largest market in Latin America.
Following Argentina’s 2001 economic crisis, many international companies left the country, while local companies used the opportunity to enter the biomanufacturing industry. This remains the case to a large extent today, with 71% of Argentinean pharmaceutical production taking place in national laboratories. In fact, out of all companies operating in the pharmaceutical sector, over half are domestic. Despite the dominance of domestic companies – and as a result of Argentina’s highly promising market – there has been an increased collaboration between domestic and foreign companies.
Look for our contribution in the April 2012 GBI Research Pharma Executive Summary Report
(for free member access go to www.globalbusinessintelligence.com).
The report discusses various factors which have influenced the pharmaceutical market in Argentina, such as: the outlook for generics vs non-generic drugs in the country today, recent changes in healthcare coverage or legislature, and which domestic companies are successfully collaborating with foreign investors.
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