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Kenya Agribusiness Q1 2019

Kenya Agribusiness Q1 2019

Key View:

We forecast the Kazakh pharmaceutical market to be among the fastest growing in the Central and Eastern Europe (CEE)region, posting double-digit growth over the next five years. Government incentives to boost domestic medicine production willprovide drugmakers long-term investment opportunities. We also note that revenue growth potential is significant due toKazakhstan’s expansion of healthcare access as the national health insurance scheme rolls out. However, growth will be drivenprimarily by generic drug sales given the country’s limited purchasing power.

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