21
Jun

Worldwide drug sale forecasts fall as pricing pressures mount

Forecasts for global sales of pharmaceuticals have declined for the first time in a decade as continuing pressure on prices in the key U.S. market has caused analysts to moderate revenue expectations, according to a report on Tuesday.

Evaluate Pharma, which compiles consensus numbers based on analysts’ forecasts, said worldwide drug sales were now expected to hit $1.06 trillion in 2022, down from $1.12 trillion predicted a year ago for the same period.

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