High growth potential for the generic drug market as the government increases its focus on cost containment. The prescription drugs market is expected to remain the dominant segment, as the demand for the latest medicines stays high - as is the norm for Western European countries. ...High growth potential for the generic drug market as the government increases its focus on cost containment. The prescription drugs market is expected to remain the dominant segment, as the demand for the latest medicines stays high - as is the norm for Western European countries. Ageing population likely to lead to growing demand for pharmaceuticals for chronic non-communicable conditions, such as Alzheimer s disease and cancer. ...Proactive pursuit of international trading partners in Asia and the Middle East. Political will for biosimilar investment could favourably impact competitive landscape for pharmaceuticals and pressure price levels.
...The government s cost-cutting policy, including industry payback requirements and the reduction in healthcare funding, will slow market growth in the short-to-medium term. The country s highly developed pharmaceutical manufacturing industry is threatened by cheaper suppliers from emerging markets, such as Eastern Europe and Asia. ...The government s cost-cutting policy, including industry payback requirements and the reduction in healthcare funding, will slow market growth in the short-to-medium term. The country s highly developed pharmaceutical manufacturing industry is threatened by cheaper suppliers from emerging markets, such as Eastern Europe and Asia. High costs of business and significant state bureaucracy in Belgium continuing to deter more prominent investment projects. ...Perceived security weakness after terrorist attack could affect trade. Damaging revelations of Belgian-based pharmaceutical executives ties to Mexican drug cartels could prove a blow to reputation and investor confidence.
...Government cost-cutting measures, including price cuts and the promotion of the underpenetrated generic drug sector. Political discord concerning budgetary savings in the healthcare sector. ...