Industry Analysis & Industry Trends
With healthcare reform allowing more individuals to gain prescription coverage, brand-name pharmaceutical and medicine manufacturers will experience a boost in demand. Rising production of branded follow-on biologic drugs will be important in offsetting the effects of widespread patent expirations, though a major increase in taxes and discounts to fill the Medicare coverage gap threatens profit in the industry... purchase to read more
Industry Report - Industry Products Chapter
Within brand-name pharmaceuticals and medicines, there are four main product categories: pharmaceutical preparation products (preparations); medicinal and botanical products; biological products (biologics); and in-vitro diagnostic substance products.
Preparations make up the largest product segment because these drugs are in ready-to-consume form and have been the traditional method of delivering medicine. Products in this segment are distributed to two primary lines: professionals in the dental, medical or veterinary fields; and the general public. Over the past five years, preparation's share of industry revenue has slowly declined due to competition from generics... purchase to read more