News on pharmaceutical industries


💥 The pharmaceutical industry is booming, with global sales having reached a staggering US$1.332 billion in 2023. The United States contributed significantly to this number with its US$678 billion in sales, while Europe earned US$248 billion.

What's to predict by the end of 2024?

💵 In Europe, the Pharmaceuticals market is expected to reach an impressive US$194.90 billion.

💵 Meanwhile, the United States is projected to gain US$636.90 billion in pharmaceutical sales.With over 40,000 FDA-approved drugs on the market and the FDA's approval of 55 novel drugs in 2023, the industry is experiencing a remarkable upswing that is expanding the landscape of healthcare and medicine.

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