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The North America Pharmaceuticals Sectors : A Company and Industry Analysis (December 2003)

  • ID: 656324
  • Report
  • December 2003
  • Region: America, North America, United States
  • 24 pages
  • Mergent
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Current Environment - Key Points
- Eli Lily & Co's Forteo, a fragment of the parathyroid hormone, was approved last year in the US for treating severe osteoporosis
Another new market entrant, Levitra released by GlaxoSmithKilne, has captured half of the new prescriptions written for impotency since its launch in the early September
- Drug counterfeiting became a prominent issue in the US this year, with drug distributors recalling as many as 200,000 bottles of the cholesterol-lowering drug, Lipitor
According to the FDA, many of the bottles contained counterfeit pills which originated outside the US
- Mergers and acquisitions have been as popular as ever this year in pharmaceutical sector
Pfizer Inc took over Pharmacia Corp on April 16, merging the world's two fastest-growing and most innovative companies
- Canada's pharmaceutical and medicine industry is the fifth-largest and fourth-fastest growing of the high-knowledge manufacturing sectors
- Merger and acquisition activity in Canada has declined following the terrorist attack of 9/11 and market uncertainty over the war in Iraq
Despite uncertainties, the prospect for pharmaceutical industry growth in Canada remains positive

Industry Profile - Key Points
- The US has the world largest pharmaceutical industry; it is characterized by high growth, global reach and high investment in R&D
- The US is the number one pharmaceutical market in the world in terms of size, maturity and the ability of its companies to innovate in R&D of new efficacious treatments
- The US research-based pharmaceutical industry has long led the world in developing new vaccines, cures and treatment which have saved lives and improved quality of life
- Canada's pharmaceutical industry is one of Canada's largest manufacturing industries, contributing to significant growth in employment and income
According to CGPA, the total 2002 Canadian pharmaceutical market was worth $13.2 billion
- Pharmaceutical spending, which plays a key role in improving health, has increased
The pharmaceutical industry's ever-increasing commitment to research has led to the introduction of 392 new drugs in Canada in the past 14 years
Market Trends and Outlook - Key Points
- The US pharmaceutical packaging sector is expected to continue to grow, with US demand increasing by 3.8% annually to $4.7 billion in 2004, according to the Freedonia Group
- On present trends, the emerging social and public health consequences of ageing in North America will have an enormous impact on future pharmaceutical demand
- Counterfeit drugs, at present, are a growing threat to American patients
In the biggest US counterfeiting case, drug distributors recalled as many as 200,000 bottles of the popular Pfizer Inc, cholesterol drug Lipitor
- In the US, use of dietary supplements is increasing due to changes in Americans- dietary habits
- Direct-to-consumer advertising has proved to be a powerful market driver, particularly in raising awareness of specific brands

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Current Environment- US
- Sector Overview
- Sector Performance
- Leading Companies- Results
- Pharmaceutical Outsourcing
- Mergers and Acquisitions
Current Environment -
Canada

- Sector Overview
- Sector Performance
- Leading Companies
- Mergers and Acquisitions
Industry Profile - US
- Size and Value
- Research and Development
- Sector Investment
- Policies and Regulations
Industry Profile - Canada
- Size and Value
- Research and Development
- Sector Investment
- Policies and Regulations
Market Trends and Outlook
- Pharmaceutical Packaging
- Health Problems Increase
Demand for Drugs
- The Fight against Fake Drugs
- The Growth in Dietary
Supplements
- Pharmaceutical Direct-to-
Consumer Spending Grows
- Market Outlook
The Scope of This Report
Key References
Comparative Data
Sales Contacts

Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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