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The GLOBALIZATION of the PHARMACEUTICAL INDUSTRY Wpi  Form

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hello everyone I'm Marcus Voit and I'll talk today about pharmaceutical industry globalization so today I'll talk about global Commerce panel laws medication availability and multinational corporations and how each of these topics has something to do with localization starting with global Commerce in pharmaceutical products we can see that the size of the worldwide pharmaceutical Market was had a revenue of 390 billion US dollars in 2000 Watts that has grow up to has grown up to 1.4 trillion US dollars in 2022. so that's almost 400 percent increase in Revenue in billion US dollars just to see how big this Market is at the same time we can see that of all the active pharmaceutical ingredients used in the states only 28 are produced in the states the rest come from China Europe India Canada and the rest of the world the biggest percentage coming from Europe how do panel laws and intellectual property affect the different drug prices at least 48.6 percent o

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