Pharma companies eye bigger share in expanding diabetes therapeutics market

[Northerner]

Competition is stiff between domestic and international companies to gain a large share for the diabetes market that is growing at a phenomenal rate

With the number of patients spiralling up, India is becoming the ?diabetes capital? of the world. This growth will propel pharma companies? future as well. According to research reports, total anti-diabetic market in India will grow at a compound annual growth rate (CAGR) of 13% over 2009-2019 to Rs7,348.9 crore from Rs2,127.3 crore.

http://www.moneylife.in/article/pha...nding-diabetes-therapeutics-market/21708.html

 

[trophywench]

For info, a crore = 10 million, a lakh = 100,000

and a Rupee is approx 50p

 

[Northerner]

For info, a crore = 10 million, a lakh = 100,000

and a Rupee is approx 50p

Thank you! 🙂

 

[mcdonagh47]

Competition is stiff between domestic and international companies to gain a large share for the diabetes market that is growing at a phenomenal rate

With the number of patients spiralling up, India is becoming the ?diabetes capital? of the world. This growth will propel pharma companies? future as well. According to research reports, total anti-diabetic market in India will grow at a compound annual growth rate (CAGR) of 13% over 2009-2019 to Rs7,348.9 crore from Rs2,127.3 crore.

http://www.moneylife.in/article/pha...nding-diabetes-therapeutics-market/21708.html

no wonder nobody is seriously looking for a cure ! We're the Goose that laid the Golden Egg.

 

[Robster65]

But just think what they could charge for that cure. And there'll always be more coming into the market from poorer nations (like the uk 🙄).🙂

Rob

 

[Northerner]

no wonder nobody is seriously looking for a cure ! We're the Goose that laid the Golden Egg.

Maybe big Pharma aren't, but they aren't the only scientists on the planet!