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The Growing Importance of Specialty Generics in the Latin American Pharmaceutical Market

The Latin American pharmaceutical market, characterized by a balance of multinational and local manufacturers, is witnessing significant growth, driven by rising demand for affordable, specialty generic drugs. With the COVID-19 pandemic highlighting the need for accessible pharmaceuticals, the region’s market is poised for continuing expansion, drawing increased participation from both multinational firms and local manufacturers. Nevertheless, diverse regulations and uneven intellectual property protection present challenges.

Source: www.drugpatentwatch.com –

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