Italy is leading country for the Europe Pharmaceutical Drugs market in terms of drugs production
Key players operating in the Europe Pharmaceutical Drugs market include Novo Nordisk, Allergan plc, Boehringer Ingelheim, GlaxoSmithKline Plc., AstraZeneca Plc, Merck KGaA, Baxter AG, Novartis AG, F. Hoffmann-La Roche Ltd, Shire, and Sanofi. Expanding pharmaceutical industry in the Europe region is significantly contributing to the growth of the Europe pharmaceutical drugs market. According to the annual report of the Association of the Italian pharmaceutical industry (Farmindustria), Italy has overtaken Germany and is currently n.1 in the European Union for the value of pharmaceutical production (€ 31.2 billion, vs € 30.5 billion for Germany). Also, Pharmaceutical expenditure in Italy amounted to € 290 pro-capita in 2017, 12% less than the mean of the other European big-5 countries (€ 400) and 27% less than Germany (€ 527). All these factors together propelling the growth of the Europe pharmaceutical drugs market . As per the stat by The European Federation of Pharmac...