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FACTBOX-Africa's growing demand for pharmaceuticals

Source: Thomson Reuters Foundation - Tue, 12 Feb 2013 07:30 GMT
Author: Reuters
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Feb 12 (Reuters) - Africa's main established markets for pharmaceuticals are Egypt, Algeria, Morocco and South Africa - but some other parts of sub-Saharan are growing faster. Here are forecasts for growth rates in seven promising markets: Annual growth 2011-16 2011 sales South Africa 8 pct ${esc.dollar}3.7 bln Egypt 14 pct ${esc.dollar}3.0 bln Algeria 9 pct ${esc.dollar}2.8 bln Nigeria 13 pct ${esc.dollar}1.8 bln Morocco 6 pct ${esc.dollar}1.2 bln Kenya 17 pct ${esc.dollar}659 mln Botswana 12 pct ${esc.dollar}56 mln Source: IMS Health Story on drugmakers eyeing growth markets in Africa: (Reporting by Ben Hirschler)

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