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Italy’s pharmaceutical industry eyes US and China markets, global consumption seen rising 30%

by Micaela Cappellini

Within the next three years, global sales of pharmaceuticals will reach $1.6 billion and, according to a study by Deloitte, Italy is well positioned to take a significant slice of the sector. Figures from industry association Farmindustria bear that out: with €29 billion in revenue in 2014, Italy is the second-largest producer of pharmaceuticals in Europe after Germany.

But, above all, it is the biggest exporter within Europe. And the pace of Italy's exports is growing faster than anywhere on the continent. In 2014 alone, oversea sales of pharmaceuticals rose by 72%. Between 2010 and 2014, Italy's exports rose by $8.1 billion, Germany's by $7.9 billion.

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Fonte: Italy24

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