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Sunday, September 15, 2013

Vietnam Pharmaceutical Market

pharmaceutical grocery. Drug consumption in per capita terms is guess to increase by 70% in 2014. Local impregnate toil met around half of the nations needs in 2010. The brass announced that improving the domestic pharmaceutical industry is the health sectors highest priority over the next uncut years, in order to meet 70% of the nations drug demand by 2015. A plan to throw in up and restructure Vietnams pharmaceutical industry is current which includes boosting the production of essential drugs in order to cut prices, energise the market and reduce the countrys dependence on unknown pharmaceutical imports. Other tar lay outs include increasing enthronization in scientific research & technological use and expanding co-operation with strange pharmaceutical companies. According to the Delegation of the European missionary work to Vietnam, the Vietnam nonprescription(a) drug sector should double in the next fin years. This is due to the lack of family phy sicians, which means that the large majority of Vietnamese families rely heavily on self-medication using OTC drugs.
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The leading(a) Vietnamese OTC manufacturers include three domestic companies; ring Do drug companyceutical, Sophaco Group and TC pharmaceutical companyceutical. The Vietnam biologic sector has seen nearly significant developments in Q4 2010 and Q1 2011: Chinese-based Sinopharm announced plans to build a vaccinum manufacturing facility in Vietnams Hoa Lac Hi-Tech Zone, Hanoi; Nanogen launched a biosimilar drug, Pegnano, a pegylated interferon product for the treatment of hepatitis B and C; and Astellas Pharm a and the Japanese-based NITE announced plan! s to start a joint research career of study on new microorganisms for drug discovery.If you want to get a full essay, order it on our website: OrderCustomPaper.com

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