PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: RNCOS E-Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Brazil's Sagging Pharmaceutical Industry Needs Medication - The Brazilian economy is showing a tough time to its pharmaceutical industry. The government, after descending to second spot, is looking for solutions in price control, innovations and productions at ground level.
Brazil's Sagging Pharmaceutical Industry Needs Medication

 

NewswireToday - /newswire/ - Delhi, New Delhi, India, 2006/10/06 - The Brazilian economy is showing a tough time to its pharmaceutical industry. The government, after descending to second spot, is looking for solutions in price control, innovations and productions at ground level..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Pharma/BioTech/Nutrition Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The pharmaceutical market of Brazil has fallen to second place, next to Mexico. According to the national pharmaceutical organization, FEBRAFARMA, Brazil ranks 6th in the list of countries with the cheapest drugs (in $). It also includes the 16% tax on services and distribution of goods (ICMS). As per FEBRAFARMA, the estimated total annual pharmaceutical market till July 2005 was US $8 billion with 1.59 billion units, excluding ICMS and other drug applicable taxes.

The sinking economic growth in 2002 resulted in the downfall of the drugstores share in retail sales. But with the inversion in economic conditions, share starts ascending again in 2003. It strongly suggests that to grow by value and volume, the pharmaceutical market depends on per capita GDP and also, to raise the salaries and private drug expenditure, the economy needs to be stable.

The government (via regulatory bodies) believes that price control and domestic pharmaceutical production and innovation, for both pharmacy and public sectors, is the solution of the prevailing problem. Consequentially, the government is expecting to extend competitiveness, leading to price cuts in drugs.

"Brazil Retail Industry Forecast (2006-2010)", a recent report by RNCOS, put forth that the bars' and drugstores' sales share remained constant from 2001-2003. In 2001, drugs and bars sales were 18.6% of total retail food market that declined to 18.4% in 2003.

The RNCOS' research report also addresses the problems and facts that are critical to the success of Brazilian Retail Industry, like:

- Potential growth of the retail Industry
- Competitors for Brazilian retail industry
- Opportunities for the Brazilian Retail Industry
- Major driving forces for Industry
- Threats related With the Brazilian Retail Industry

RNCOS', "Brazil Retail Industry Forecast (2006-2010)" report provides extensive research and rational analysis on Brazilian Retail sector. This report helps clients to analyze the opportunities critical to retail industry's future success. Detailed data and analysis helps potential investors to navigate through the evolving market opportunities in Brazil's retail industry.

About RNCOS

RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Pharma/BioTech/Nutrition Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: RNCOS E-Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 

 
  Your Banner Ad showing on ALL
Pharma/BioTech/Nutrition articles,
CATCH Visitors via Your Competitors Announcements!


Brazil's Sagging Pharmaceutical Industry Needs Medication

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Shushmul Maheshwari 
+91 12 04224700 press[.]rncos.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RNCOS E-Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Pharma/BioTech/Nutrition via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From RNCOS E-Services (P) Ltd / Company Profile


Read Pharma/BioTech/Nutrition Most Recent Related Newswires:

Australia Nitric Acid Market Expected to Reach at Value of $1.3B by 2024 End Says PMR
Commodity Chemicals Market Projected to be Resilient by 2020 Says Persistence Market Research
Cell Expansion Market Set to Garner Staggering Revenues by 2025 Reports PMR
Soft Tissue Sarcoma Treatment Market Revenue Predicted To Go Up by 2025 Finds Persistence Market Research
Persistence Market Research Publishes Biopharmaceutical Membrane Filtration Market Forecast Over 2017-2025
Global Tablet Processing & Packaging Equipment Market to Reach USD 5,268.8 Million by 2022
FDA Approves Genentech’s Actemra (Tocilizumab) for Giant Cell Arteritis
BTG and HealthLoop Collaborate on IO Loop™ - An Exclusive Service to Connect Patients and Interventional Oncologists throughout Treatment
BD and UniteOR Join Forces to Deliver an Integrated Tracking Solution for the Operating Room Setting
MDxHealth and Maastricht University Collaborate on Next Generation (Epi)genetic Cancer Diagnostics
BD to Invest $60 Million in Nebraska Manufacturing Facility
MDxHealth Announces New Contract with MediNcrease Health Plans Regarding ConfirmMDx and SelectMDx
Pulse Certified As A Level Four Multichannel Content Agency by Veeva
Earthly Mist - Opioid-Alternative Painkiller, Kratom Now Available in Oklahoma City
MDxHealth and Exact Sciences Sign Collaboration Agreement

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  Persistence Market Research (P) Ltd





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)