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Generic Pharmaceuticals Offer Exciting Growth Opportunities in Tanzania, Reveals Frost & Sullivan
Date:4/16/2009

CAPE TOWN, South Africa, April 16 /PRNewswire/ -- The pharmaceuticals market in Tanzania presents significant growth opportunities for local companies. Generic drug production is driving prices down, resulting in higher uptake.

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New analysis from Frost & Sullivan (http://www.medicaldevices.frost.com), Strategic Analysis of the Healthcare Industry in Tanzania, finds that the pharmaceutical market earned revenues of $105.0 million in 2007 and estimates this to reach $188.0 million in 2014.

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an e-mail to Patrick Cairns, Corporate Communications, at patrick.cairns@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, a brief brochure will be sent to you by e-mail.

"Growth in the Tanzanian pharmaceuticals industry will be boosted by the expected decline in drug prices, due to the increased availability of generic drugs," notes Frost & Sullivan Research Analyst Ishe Zingoni. "This would facilitate higher uptake of drugs and promote the local manufacturing industry."

Government support has been crucial in stimulating the infant local pharmaceuticals sector. Localisation of drug manufacturing is driving p
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SOURCE Frost & Sullivan
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