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Which country has cheapest medicine?

Which country has cheapest medicine?

Results: India and the Scandinavian countries had the lowest ex-manufacturer prices of generic medicines of selected molecule/strengths. These molecule/strengths were, on average, 63\% cheaper in India than in Belgium. The highest price levels were observed in France, The Netherlands and Germany.

Which country sells the best drugs?

Below are the 14 countries that exported the highest dollar value worth of drugs and medicines during 2018-21.

  • India: US$62.3 billion (16.8\% of total drugs and medicines exports)
  • Switzerland:???
  • Belgium: $27.8 billion (7.5\%)
  • Germany: $26.12 billion (7.1\%)
  • France: $25.9 billion (7\%)
  • United States: $22 billion (5.9\%)

Are drugs cheaper in India?

“Thanks to the dexterity of the pharmaceutical industry, the presence of a huge number of trained chemists and a large domestic market, drugs are incredibly cheap in India, and India is one of the greatest producers of generic drugs,” said Sumit Ganguly, professor of political science at Indiana University.

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Which country develops the most medicine?

The U.S.
The U.S. is the world leader in producing new medicines. The country’s strong intellectual-property laws, coupled with a comparatively free-market pricing system, encourage firms to research new treatments.

What is the most expensive drug in the world?

1. Zolgensma (API Onasemnogene abeparvovec-xioi) In May 2019, FDA approved new gene therapy for SMA, and with the price tag of $2,125,000, it’s the most expensive drug the world has ever seen.

Where is most medicine made?

Most pharmaceuticals used in the United States are either made in nations such as China and India, or use ingredients that come from those countries. Which means much of America’s collective health not only depends on diet and exercise, but also on our relations with those countries.