Lebanon Pharmaceuticals and Healthcare Report - Q4 2014

Business Monitor International
September 10, 2014
112 Pages - SKU: BMI5325630
Countries covered: Lebanon

Lebanon Pharmaceuticals and Healthcare Report - Q4 2014

BMI View: Lebanon's pharmaceutical sector is dominated by expensive drug imports as local firms'innovation and drug output remains low. We believe a multilateral approach to promoting generic drugs,increased local production and using competition to lower prices will dramatically improve Lebanon'sprospects for foreign direct investment. However, further drug price reductions with the health minister'srecently amended pharmaceutical bill, along with the country's ongoing political crisis, will contribute tobelow-potential market growth.

Headline Expenditure Projections

Pharmaceuticals: LBP2,056.94bn (USD1.36bn) in 2013 to LBP2,231.02bn (USD1.42bn) in 2014;+8.5% in local currency and +3.9.% in US dollar terms. Forecast adjusted to suit current marketconditions.



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