Canada’s Prescription Drugs market grew 8% CAGR from 2002- 2007
According to the Canadian Generic Pharmaceutical Association (CGPA), the national prescription drugs market exhibited year-on-year growth of more than 6% to reach approximately CAD 19 billion in 2007. Of this size, generic drugs, vis-à-vis branded drugs, accounted for a 21% share. Generics market has risen at CAGR of around 16% between 2002 and 2007.
