Global API to Grow at a Healthy CAGR of 7.6% During 2012-2017
As per the new research report by RNCOS, “Global API Market Forecast to 2017”, the global API market is expected to grow at a rapid CAGR of 7.6% during 2012-2017. The main drivers for this growth include rising incidence of major diseases, technological advances resulting in rapid drug discovery & development process, increasing demand for contract manufacturing and reduction in manufacturing costs.
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