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Industry / Portugal

Portugal Pharmaceutical Market Forecast

May 2010 | Industry Trend Analysis

It is BMI's view that the slowdown in drug market growth in Portugal in recent years will continue in 2010, with drug sales expected to reach a value of EUR3.64bn (US$5.27bn), equating to growth of 0.40% in local currency terms and 3.29% in US dollar terms. We attribute this to the continued effect of the country's poor fiscal status and the possibility of further drug price cuts aimed at generating much needed savings.

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