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Market Opportunities
The following key points outline the specific opportunity we see in the Australian market:
- Generic medicines equals $1 billion annual sales, and the market is ready to rise
- Generics medicines have the ability to lower the cost of good medicine allowing all Australians access to high quality medicine, at a low cost
- The Australian population is ageing - Government is seeking to reign in health care costs
- Numerous leading drugs are set to come off patent over the next two years.
- From 2007, only a limited number of key products will represent an increasingly higher value of sales.
- The Australian generics market offers a genuine opportunity for growth.
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