The international pharmaceuticals market is witnessing continuous growth due to the world wide increase in life expectancy and the rising incidence of contagious/ infectious and chronic disease. The steadily growing demand for innovative drugs has also prompted a significant increase in investment on pharmaceutical market research reports.
Key industry players allocate approximately 20% of their turnover in Research and Development, which include pharmaceutical industry reports and analysis to gain a competitive edge over rivals. The advent of biopharmaceuticals has given way to a new area for drug delivery. Plus, breakthroughs in the field of genomics and proteomics have also facilitated drug manufacturers to develop more efficient drugs and therapies that have more efficacy.Read More..