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Leading data group downgrades its long term pricing outlook for first time in a decade
Thursday 29 Jun 2017 Author: Lisa-Marie Janes

Research group Evaluate Pharma has reduced its sales forecasts for worldwide prescription drugs for the first time in 10 years. It attributes pricing pressure and major products coming to the end of their patent life for the downgrade.

It has slashed $390bn from its forecasts for the period between 2017 and 2022 for a combined $5.4tn in sales.

Increased pressure from politicians and the public have seen drug makers reduce prices to make treatments more affordable.

 

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