Australian Pharmaceutical Market Remains Heavily Reliant on Imported Drugs.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c44523) has announced the addition of Espicom Business Intelligence's: Australia Pharmaceutical Market Intelligence Report to their offering. This in-depth report provides an invaluable mix of vital market data and background information, including five-year market projections. The report comprises four main sections: 1.) Pharmaceutical Market Outlook 2.) Background Data 3.) Healthcare System 4.) Accessing the Pharmaceutical Market. Report sections are dynamically updated, being re-issued when market developments demand it. Australia represents a highly advanced pharmaceutical market. The country has an advanced healthcare system and demand for all types of pharmaceuticals is high. Prices in Australia tend to be low for a developed country, principally due to tight public pricing and reimbursement regulations through the Pharmaceutical Benefits Scheme (PBS PBS in full Public Broadcasting Service Private, nonprofit U.S. corporation of public television stations. PBS provides its member stations, which are supported by public funds and private contributions rather than by commercials, with educational, cultural, ). The PBS has come under attack from the multinational industry, and the US government has pressed for greater transparency as part of negotiations for the Free Trade Agreement which took effect in 2005. The Australian government has, however, consistently affirmed that alterations to the PBS have not been part of any deal. Australia has a small but growing domestic industry, augmented by the presence of many multinational producers. The market remains heavily reliant on imported drugs, however; local R&D has yet to reach significant proportions, despite continuing government incentives. The majority of pharmaceutical imports are sourced from the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community . Low prices for branded products mean that generics are not yet widely used. Domestic Producers include the following: - Alphapharm - AMRAD AMRAD Associação Portuguesa de Amadores de Rádio (Portugese) AMRAD American Radio and Research Corporation (very early US radio broadcasting company) AMRAD ARPA Measurements Radar Corporation - AstraZeneca Pharmaceuticals Pty Ltd PTY LTD Propriety Limited (company structure in Australia) . - Commonwealth Serum Laboratories (CSL (Computerese as a Second Language) Said of people who love to speak high-tech words even though they often use them erroneously. See TLA. 1. CSL - Computer Structure Language. A computer hardware description language, written in BCPL. ) - Eli Lilly Eli Lilly can refer to:
- GlaxoSmithKline Australia - Hamilton Pharmaceutical Pty Ltd. (Hamilton Laboratories) - Mayne Group - Pan Pharmaceuticals (now Sphere Healthcare) - Sigma Pharmaceuticals Pty Ltd - Stiefel Laboratories Pty Ltd For more information visit http://www.researchandmarkets.com/reports/c44523 Source: Espicom Business Intelligence Introduction Espicom Business Intelligence is a publisher of independent and impartial information and analysis services focusing on the pharmaceutical and medical device markets. |
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