Canada’s Pharmaceutical Products Industry: Industrial Profile Winter 2012
The Conference Board of Canada, 2 pages,
February 22, 2012
This industry profile provides a five-year forecast for Canada's Pharmaceutical Products Industry.
- Exports—Exports of pharmaceutical products were 6.8 per cent lower through
the first 10 months of 2011 than in the same period a year earlier, largely due to
fewer shipments to European countries.
- R&D Investment—Steady declines in R&D spending by pharmaceutical
companies may result in fewer new drugs being developed.
- Spending on Drugs—Growth in prescription drug spending has fallen steadily
over the last decade.