Pharmaceutical Manufacturing Market to Surpass USD 2,301.6 Billion By 2032 | Generic Prescription Drugs to Remain at Top with Over 61% Contribution Says Astute Analytica [Yahoo! Finance]
AstraZeneca PLC - American Depositary Shares (AZN)
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Source: Yahoo! Finance
India leads in generic production, while technological advancements and personalized medicine drive innovation overall. Challenges remain in complex regulations, R&D costs, and maintaining stable global supply chains. New Delhi, April 16, 2024 (GLOBE NEWSWIRE) -- The Global Pharmaceutical Manufacturing Market is projected to reach a size of US$ 2,346.33 billion by 2032, up from US$ 859.5 billion in 2023, at a CAGR of 11.56% during the forecast period 2024–2032. Request Free Sample Copy @ https://www.astuteanalytica.com/request-sample/pharmaceutical-manufacturing-market As per Astute Analytica's recently published report, the pharmaceutical manufacturing market is characterized by extensive investment in research and development (R&D). In 2022 alone, the industry spent approximately $244 billion on R&D, with projections indicating that spending could exceed $300 billion by 2028. Major players typically dedicate around 20% of their revenues towards R&D, with companies like AstraZe
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AZN
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- 5/1/24 - Form 6-K
- 4/29/24 - Form 6-K
- 4/29/24 - Form 6-K
- AZN's page on the SEC website