×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

China Will Be World's No. 2 Drug Market by 2015

Drug Sales in the Mainland Could Top $50 Billion Next Year

By Published on .

BEIJING (AdAgeChina.com)--China is set to overtake Japan as the world's second-biggest pharmaceuticals market after the U.S. in 2015, according to Murray Aitken, senior VP for pharmaceutical market information company IMS Health.

China's rise to the No 2 spot is based on soaring demand for western medicines by that country's growing middle class. IMS believes drug sales there will increase by 25% to 27% next year, to more than $50 billion.
Source: Reuters

Return to the Ad Age China home page here

In this article:
Most Popular