ME aims to be self-sufficient in drug production
Wednesday, April 30 - 2008 at 08:59
The Middle East's effort towards becoming self-sufficient in pharmaceutical production came under the spotlight this week at the Pharmaceutical and Biotechnology Middle East exhibition in Dubai. The combined pharmaceutical markets of the Arabian Gulf, North Africa, Levant and Iran is estimated to be valued at over $12bn and growing at an annual rate of 10%, organizers said. 'The Middle East wants to be not only self sufficient in pharmaceutical production but to also have a larger share of export, research and contract manufacturing,' said Simon Page, Group Director of Life Sciences for organisers IIR Middle East. There are already over 450 pharmaceutical manufacturers in the region.
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Jeff Florian, Senior ReporterWednesday, April 30 - 2008 at 08:59 UAE local time (GMT+4)
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