According to a brief published by the USA’s Office of the Assistant Secretary for Planning and Evaluation (ASPE), more than $209 billion in annual branded drug sales are projected to go off-patent between 2011 and 2014. Big name drugs projected to go off-patent include GlaxoSmithKline's Advair (fluticasone and salmeterol), Pfizer’s Viagra (sildenafil), Astra Zeneca’s Seroquel (quetiapine) and Symbicort (budesonide/formoterol), Eli Lily’s Zyprexa (olanzapine), Merck & Co’s Singulair (montelukast), and Forest Labs’ Lexapro (escitalopram oxalate).
Global projections for the international generic market are estimated to reach between $135 billion and $150 billion by 2015. BCC Research estimates the global market to reach $129.3 billion by 2014, representing a 9% annual growth rate. Goldman-Sachs Global Investment Research estimates that big names in the innovator drug market may lose up to 49% of their business to generic pharmaceutical companies by 2015.
Global copy sector to reach $100 billion in 2011
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