A Study on Trade Expansion Strategies to Middle East Pharmaceutical Market: Focused on the UAE Market

2014 ◽  
Vol 16 (2) ◽  
pp. 297-318
Author(s):  
서병민
Keyword(s):  
Middle East ◽  
Pharmaceutical Market ◽  
Trade Expansion ◽  
Expansion Strategies

Middle East generics: Challenges & opportunities

2012 ◽  
Vol 9 (1) ◽  
pp. 13-20 ◽  
Author(s):  
Mazen Tantash
Keyword(s):  
Saudi Arabia ◽  
Middle East ◽  
Generic Drugs ◽  
Pharmaceutical Market ◽  
Policy Makers ◽  
The World ◽  
New Policies ◽  
Growing Population

The pharmaceutical market in the Middle East is valued at more than $9.4b and is expected to grow over at a rate of 10% annually. Although there continues to be unrest in the region and around the world, both economically and politically, the Middle East has seen a shift and the pharmaceutical market is becoming more attractive. These countries are traditionally high importers of originator brands and branded generic drugs. Although originator drugs have previously held most of the market, new policies that favor generics are being implemented in the region. The pharmaceutical market ranges quite a bit within the various countries in the Middle East, Bahrain remains the smallest market with Saudi Arabia being the largest due to a growing population and new westernized lifestyle. Policy makers in the region should continue to encourage new players by continuing to propose new policies that allow for continued growth

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