FINANCIAL NEWS

Saudi pharmaceutical sector worth USD3 b

20 Apr 2014

(MENAFN) Saudi pharmaceutical market hit USD3.598 billion in volume, including government procurement deals, according to Arab News.

Experts said that private sector’s share in pharmaceutical market exceeded USD 1.866 billion.

Number of individually-owned pharmacies in Saudi reached 7,000 pharmacies, though there is scarcity in young Saudis working in local market and that 60 percent of graduates from pharmacy colleges are women.

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