PH pharma industry seen growing by 8 to 10%

By Anna Leah E. Gonzales

Mar 25, 2022 12:06 am

THE Philippine pharmaceutical industry is projected to grow by an average of 8 to 11 percent in the next five years, the Philippine Pharmaceutical Manufacturers Association (PPMA) said.

'The Philippine pharmaceutical industry growth is among the fastest in the world and [is forecast to grow] by 8 to 11 percent average in the next five years,' PPMA president Higinio Porte Jr. said during the India-Philippine Business Conference on Wednesday.

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