The COVID-19 pandemic has had a favourable effect on the Generic Drugs Market. This is because many countries' economy are collapsing as a result of rising unemployment, which has raised demand for inexpensive alternatives to prescription medications. Key firms have also taken deliberate actions to guarantee the availability of generic medications on the market. For instance, Sandoz International GmbH has increased its manufacturing capability to ensure that patients continue to have access to generic medications. Rising geriatric populations, an increase in the number of branded medicine patents expiring, an increase in the prevalence of chronic and acute disorders, and rising R&D spending by biotech and pharmaceutical companies are the main drivers of Generic Drugs Market expansion.
Read More- https://cmi-latestreportorientedblogs.blogspot.com/2022/10/generic-drugs-market-global-industry.html
For More details, Watch Video- https://lumen5.com/user/poojasalve/generic-drugs-market-gbrhm/
