This industry profile provides a five-year forecast for Canada’s Pharmaceutical Products Industry.
Canada’s Pharmaceutical Products Industry: Industrial Profile Winter 2012
Canada’s Pharmaceutical Products Industry: Industrial Profile Winter 2012
Industry Sector Economics
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- 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.
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