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Korean drugmakers look to rapidly growing orphan drug market

Published: 2008-12-03 06:48:00
Updated: 2008-12-03 06:48:00
The total worldwide market for orphan drugs is expected to rise at an AAGR (average annual growth rate) of 9.1% to reach $43.6 billion in 2008, according to market experts.

The future of the orphan drug industry will depend heavily upon the entry of biogenerics, since biologics account for over 50% of the orphan drug market. It can be expected that the orphan drug market growth will remain p...

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