Pharmaceutical Decline Looms on the Horizon

Published by: IDC

Published: Jan. 26, 2007 - 3 Pages

Table of Contents

Abstract

This Health Industry Insights Perspective discusses the results of our recent survey of 153 industry leaders throughout the life science value chain to gain end-user opinions on prospective business opportunity, IT spending, and planned technology adoption throughout the next 12 months. Results from this quarter's survey suggest that while IT spending growth continues to slow, the pharmaceutical industry is predicting a significant downturn in business by mid-2007.

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