Russian Pharmaceutical Market Driven by Hepatitis C
The growing number of Hepatitis C patients in Russia is driving the country's pharmaceutical industry, report says.
An alarming number of Hepatitis C patients in Russia is driving the country's pharmaceutical industry, with Roche and Schering-Plough benefitting particularly.
According to the 'Russian Pharma Sector Forecast to 2013' report compiled by industry intelligence firm RNCOS, augmented use of intravenous drugs and high-risk sexual activities, combined with an unhygienic lifestyle, have caused the disease to steadily increase in Russia.
The report indicates that the market would grow at a CAGR of 9% during the 2009-2013 period, with Roche's Pegasys and Schering-Plough's PegIntron medications benefitting from the increase.
The report also revealed that the growth of t
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