The Pharmaceutical Market: Mozambique - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-13 15:03:03
Mozambique relies on drug imports to supply the majority of its domestic demand, but sinc e July 2012, has started limited national production of antiretrovirals at the state-owned Sociedade MoÃ§ambicana de Medicamentos (SMM). Supported by Brazil´s Farmanguinhos, Mozambicans travelled to Brazil in October 2012 as part of a technology transfer agreement until Mozambique can manufacture over 20 types of basic drugs. While urban areas are experience considerable improvements to healthcare, rural and isolated areas lag behind , where investment in healthcare infrastructure and human capital is required. With rich natural resources and a stable political environment, Mozambique is an attractive market for international investors; BMI forecasts that full year real GDP growth will reach 7.5% in 2012.
Headline Expenditure Forecasts
Pharmaceuticals: MZN2.32bn (US$80mn) in 2011 to MZN2.51bn (US$89mn) in 2012; +8.5% in local currency and +12.3% in US dollar terms.
Healthcare: MZN19.28bn (US$661mn) in 2011 to MZN21.86bn (US$779mn) in 2012; +13.8% in local currency and +17.8% in US dollar terms.
Mozambique scores 36.1 out of 100 in the Q113 Pharmaceutical Risk/Reward Ratings (RRRs) and ranks 25th of the 30 countries surveyed in BMI´s Middle East and Africa (MEA) regional ratings. Mozambique has a below-average score in all categories, with its Country Rewards score posting the highest performance.
The competitive landscape section provides comparative company analyses and rankings by US$ sales and % share of total sales - for the total pharmaceutical sector, as well as the OTC, generics, and distribution sub-sectors.
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