In 2020, the field for contract manufacturing of pharmaceutical products was estimated at $ 89.91 billion. According to new market research, this amount will reach $120 billion by 2027.
Large pharmaceutical corporations are expanding their boundaries and taking their drugs to a new level. Certified Mexican pharmacy is developing and moving to online sales, which makes the Indian, Mexican, and generic products even more in demand. India is looking for new territories to expand its production, and Argentina is creating ways to fight Alzheimer’s.
World Pharmacy in 2021: What’s New?
Latin America is showing its success, with many countries doing well this year by increasing their imports by 15-25%. Best Mexican pharmacy performed the most in-demand, with its pharmaceutical industry estimated at $10.6 billion.
The United States is making its new developments in the field of medicine even more accessible to ship them all over the world. Israeli and Indian companies offer innovative solutions to combat the international problem of coronavirus. Among other hot-topic news are updated FDA statistics, Pfizer Inc. report, and many more.
Biosimilar Insulin Is Approved by FDA
The Food and Drug Administration (FDA) has approved a new biosimilar insulin medicine to help adults and children with type 1 diabetes. Semglee is an innovative product that has also shown excellent results for adults with type 2 diabetes. More research on this drug will help give patients with this disease a good chance for potentially cost-effective, high-quality, and safe treatments.
Pfizer Inc. Reported on the COVID-19 Vaccine
According to Pfizer Inc.’s latest data, the supply of their popular COVID-19 vaccine has increased. The United States has purchased more than 200 million doses for the period from October to April 2022. But the corporation is talking about a new supply, now it will be more than 500 million doses.
WCRF Goes Ahead with Liver Cancer Research
The World Cancer Research Fund (WCRF) has published the latest research on liver cancer. Scientists have shown results where coffee consumption significantly reduced the risk of such a disease.
Pharma Alliance of India and Mexico
Several months ago, some Indian companies (Zydus Cadila, Torrent Pharmaceuticals, and others) signed an agreement to create a large production and dispatch services for the Mexican pharmacy cluster. India is the second leading country to introduce its pharmaceutical industry in Mexico.
The Defeat of SARS-CoV-2 Virus Took Place in Argentina
Argentina has shown a drug that helps people with Alzheimer’s. Patient test results showed 60% success with one trait. This medicine has a beneficial effect on patients with COVID-19 disease. The symptoms of the SARS-CoV-2 virus affect not only the respiratory system but also the brain. Innovative Argentinean developments are giving an effect even to people who have recovered from this virus.
More About the AlphaFold Program
Researchers developed the AlphaFold program to predict and study the structure of more than 350,000 proteins in humans and other organisms. The human genome contains about 20,000 of these proteins, and the new program clearly predicts the structure of each of them. This is a real Artificial Intelligence that will reveal many of the human body secrets, including the creation of new drugs.
Improving Online Drug Sales
Since 2018, the number of online pharmaceutical sales around the world has increased by 78%. Online Mexican pharmacy platforms increased sales over the past 2 years by 28% due to the frequent introduction of foreign companies of their brands in Mexico. For example, Mexicanrxpharm.com offers its customers its brand-name drugs at a 70% discount.
The eCommerce sector in the context of pharma has increased in recent years and the demand for online pharmacies has skyrocketed. These are not only Indian or American branded companies but also Brazilian, Chilean, European, and even Mexican pharmacy online services.