Pharmaceuticals and Biotechnology

Thomson Reuter’s CMR International Pharmaceutical R&D Factbook reports that global drug sales reached $1 trillion for the first time in 2014 and forecasts growth to $1.3 trillion by 2018. Drug sales in the United States are projected to grow from $395.2 billion in 2014 to $584.4 billion by 2020, according to research and consulting firm GlobalData, reversing a period of decline from 2009 to 2013. Revenue is growing as a result of aging populations, the increasing prevalence of chronic lifestyle diseases such as diabetes, and improving availability of reimbursement for drugs and medical treatments.   

Subscribe to Vault to unlock this premium content including:

  • Structure
  • Outlook
  • Resources & Associations and more.

Are you a student? You may have FREE access.

Vault partners with thousands of colleges, universities and academic institutions to provide students with FREE access to our premium content. To determine if your school is a partner, please enter your school email address below.


Your institution does not have an active account.

Subscribe Now


Contact your Career Center, Alumni Office
and Library to find out more.



Please select your institution
to gain full access.


Related Companies

- Show Less + Show More