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Wednesday 22 May 2013

Algeria Pharmaceuticals and Healthcare Report Q3 2013

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Algeria Pharmaceuticals and Healthcare Report Q3 2013
May 22nd 2013, 00:00

BMI View: Algerian authorities appear committed to healthcare development programme, the 2010-2014tranche of which envisages the construction of more than 150 new hospitals and numerous otherfacilities. This expansion of medical services will provide an impetus for pharmaceutical consumptiongrowth, which should also benefit from an expansion of private healthcare that is of increasing appeal tothe country?s growing middle class. However, we caution that cost-containment pressures are likely toprioritise generic and locally and regionally imported medicines over novel drugs.Headline Expenditure Projections:?? Pharmaceuticals: DZD246.75bn (US$3.17bn) in 2012 to DZD...

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