Opportunities in South America and Europe make Mexico's pharma industry uniquely placed

8 July 2019
efren_hernandez_mexico

Mexico’s pharmaceutical industry – renowned for the quality and reliability of its medicines production – sees South America and Europe as its main export markets.

By value, Mexico comes 27th in a list of the top medicines exporting countries globally, with around $1.2 billion – the highest in Latin America – and by volume it comes much higher.

The fact that markets as large as South America, followed by Europe, provide the most significant export regions for Mexico, mean that new opportunities abound for new alliances and growth, said Efren Hernandez, president of the Mexican Pharmaceutical Association, speaking to The Pharma Letter's local correspondent.

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