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Report analyzes the US pharmaceutical industry Report analyzes the US pharmaceutical industry Published on April 9, 2010 at 12:04 PM look for and Markets (http://www.researchandmarkets.com/research/eded8d/pharmaceutical_ind) has announced the addition of the Pharmaceutical Industry in the unify States report to their offering. Over the past decade, pharmaceutical companies ready pushed the scientific envelope, working at the cellular and molecular levels to dramatically advance the treatment of unsoundness. Between 1995 and 2005, more than 300 virgin drugs, biologics, and vaccines that prevent and treat over 150 conditions were authorize by the FDA. The FDA also gave the go-ahead for numerous new indications for previously approved medicines, allowing physicians to tailor treatment strategies to meet a patients individual disease status, past medication history, side effect tolerance, and preferences. The US pharmaceutical industry is a highly globalized industry, dominated by international companies that engage in significant business activity in many countries and whose products are distributed and marketed worldwide.

The industry has belowgone dramatic structural changes over the past few decades, with the rise of the biotechnology sector, substantial offshoot in demand driven by demographics and substitution forward from other therapeutic modalities such as surgery, and increased ambition from globally active generic manufacturers. The pharmaceutical industry is under mounting scrutiny because of rapidly increasing expenditures for drugs in the United States. Drug expenditures are now the fastest-growing component of health safeguard cost, increasing at the rate of about 15 percentage per year. They account for about eight percent of health pull off spending, and at their current rate of increase, they will soon blow over spending for physicians services and, for many health maintenance organizations (HMOs), the costs of hospitalization. Aruvians Rsearch brings you a... If you want to get a full essay, nightspot it on our website: Orderessay

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