Wednesday, February 15, 2017

The $1 billion pharma market keeps on growing. Local products represent 21 percent of those registered


The pharmaceutical market increased four percent last year reaching $1.1 billion compared to 2015, according to the Lebanese Pharmaceuticals Importers Association (LPIA).

The unit of measurement of pharmaceutical market is the Net Selling Price to market.

Pharmacies had an $838 million share, (up from $802 million), hospitals $159 million, and public institutions $110 million.

According to Customs, Germany was the first source of pharmaceutical imports ($190 million), follo...

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