Pharmaceuticals and Medical Equipment

...

...

The industry has experienced new changes in public procurement of drugs since 2018, which pushed sales of pharmaceuticals in the country. Initially started with only 11 cities in 2018, the programme included almost the entire country by 2019. The ...

The United States-Mexico-Canada Agreement (USMCA) is the new trade agreement between the US, Mexico and Canada. The new trade deal is expected to supersede the North American Free Trade Agreement (NAFTA). This briefing analyses USMCA’s impact on the ...

Digital Twin is part of Industry 4.0 and the Internet of Things ecosystem. Digital Twin is a digital replica of every physical asset involved in the manufacturing process. This can include physical machinery and production components, as well as ...

...

...

In an effort to constrain the steady rise in healthcare expenses due to the increasing burden on state finances, Japan’s government decided to reduce drug prices covered by public health insurance by nearly 1.5% in April 2018. The measure, which also...

...

...

The Kingdom’s pharmaceuticals and medical equipment industry continued growing during 2018, despite changing regulations and intensified competition. Growth was fuelled by enhanced production localisation and rising sales within the domestic market ...

...

...

The revenue of the Turkish pharmaceuticals and medical equipment industry increased in 2018, driven partly by accelerating export growth. The industry maintains trade relationships with 161 countries, and pharmaceutical producers saw a significant ...

...

...

South Korea’s pharmaceutical and medical device companies registered solid revenue growth in 2018. The gains in both the export and domestic markets were mainly facilitated by the continuous expansion of the country’s biologic and biosimilar ...

Growth in Australia’s pharmaceutical and medical device manufacturers’ revenues accelerated in 2018, primarily on the back of surging exports, especially to China and the US. Companies’ sales to the US market were mainly driven by the country’s ...

...

...