Mideast pharma market to hit $12bn by 2010
Dubai, July 29, 2007
The Middle Eastern pharmaceutical market is expected to be worth Dh44 billion ($12 billion) by 2010, according to a study.
With more than 1,300 pharmacies, the UAE is the second largest pharmaceutical hub of the Gulf, according to a statement from BinSina Pharmacy.
It quoted a URCH Publishing report as saying the current UAE market is estimated to be worth more than $400 million with the market growing at more than 15 per cent annually.
BinSina Pharmacy is one of the most recognised pharmacy chains in the UAE. - TradeArabia News Service
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