Captive Manufacturers to Lose Grip on API Market Share
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The Active Pharmaceutical Ingredient (API) market is segmented into Innovative APIs and generic APIs, with the former representing the majority of the market. The main cause of this being attributed to the patent protection measures and the higher price point for innovative APIs.According to statistics from the “Active Pharmaceutical Ingredient Market - Global Forecast to 2020" the global active pharmaceutical ingredient market is expected to climb to US$205.51 billion by 2020. The G...
