Turkish pharma grows by 15.6%; MENA trends and challenges for 2016
Key growth drivers for the Middle East and North Africa (MENA) region were forecast at the recent CPhI Istanbul meeting with outsourcing, vaccine development and biotechnology emerging as major trends.
CPhI Istanbul, which attracted over 4,465 attendees and leading executives, brought together hosted buyers from countries such as Jordan, Iran, Lebanon, India, Azerbaijan, Uzbekistan and Georgia, along with Turkish pharma companies for commercial discussions, knowledge sharing and analysis. And, over the next 5-years, experts forecast that regional outsourcing will continue to accelerate as governments seek to have more medicine produced locally.
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