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UK Generic Drugs Market Trends, Size, Competitive Analysis and Forecast 2020-202

UK generic drugs market is estimated to grow at a CAGR of nearly 6.1% during the forecast period. Some pivotal factors encouraging market growth include the rising prevalence of chronic diseases and UK government initiatives to reduce generic prices.

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UK Generic Drugs Market Trends, Size, Competitive Analysis and Forecast 2020-202

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  1. Orion Market Research UK Generic Drugs Market, Size, Share, Analysis Report & Forecast to 2026 To Market: https://www.omrglobal.com/request-sample/uk-generic-drugs-market Request a Sample of our Report on UK Generic Drugs Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

  2. UK generic drugs market UK generic drugs market is estimated to grow at a CAGR of nearly 6.1% during the forecast period. Significant prevalence of chronic diseases such as cancer, diabetes, and CVD is primarily driving the market growth. As per the World Health Organization (WHO) estimation, there will be 457,960 new cancer incidences reported in 2020. Generic drugs have been playing a vital role in cancer treatment. For instance, in everyday practice, patients suffering from early-stage breast cancer, and children suffering from acute lymphoblastic leukemia are treated using generic drugs. In cancer care, generic drugs are also significantly used in supportive care beyond chemotherapy. (Get 15% Discount on Buying this Report) A full Report of UK Generic Drugs Market is Available at: https://www.omrglobal.com/industry- reports/uk-generic-drugs-market Moreover, as per Diabetes UK, in 2018-2019, there were 3.9 million people who have been diagnosed with diabetes in the UK. This leads to an increasing demand for generic medicines for diabetes which include Glyburide, Glimepiride (Amaryl), and Glipizide. Further, Eli Lilly offers a generic version of Sanofi’s Lantus insulin, named Abasria insulin that is recommended for the treatment of diabetes. Cost is the major benefit associated with the use of generic drugs. The cost of generic drugs can be up to 85% lower compared to the brand-name drug. This, in turn, is supporting to drive market growth. To Request a Sample of our Market: https://www.omrglobal.com/request-sample/uk-generic-drugs-market Report on UK Generic Drugs Scope of the UK Generic Drugs Market Market Coverage •Market number available for 2019-2026 •Base year- 2019 •Forecast period- 2020-2026 •Segment Covered- By Application and Route of Administration •Competitive Landscape- Mylan N.V., Teva Pharmaceutical Industries Ltd., AstraZeneca plc, Hikma Pharmaceuticals plc, and Novartis International AG Recent Strategic Initiatives in the UK Generic Drugs Market •In November 2020, the European Medicine Agency’s (EMA) declared that it recommends granting marketing authorization for the generic drug Lenalidomide Mylan (lenalidomide). This hard capsule is indicated to treat follicular lymphoma and multiple myeloma. It is a generic version of Celgene’s Revlimid, approved in the European Union (EU) since 2007. •In July 2019, Sandoz, a part of Novartis International AG declared the introduction of the generic cancer drug gefitinib which is intended for adult patients suffering from locally advanced or metastatic non-small cell lung cancer. It is available in 13 countries across Europe and the company will constantly widen to other countries through a phased rollout. UK Generic Drugs Market-Segmentation By Application •Cancer •CVD •Musculoskeletal Diseases •Infectious Diseases

  3. •Neurology •Diabetes •Others By Route of Administration •Oral •Topical •Injectable •Inhaler Company Profiles •AstraZeneca plc •Aurobindo Pharma Ltd. •Biocon Ltd. •GlaxoSmithKline plc •Glenmark Pharmaceuticals Ltd. •Hikma Pharmaceuticals PLC •Lupin Ltd. •Mylan N.V. •Sun Pharmaceutical Industries Ltd. •Teva Pharmaceutical Industries Ltd. Reasons to Buying From us – 1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/uk-generic-drugs-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404

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