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But this is changing, with China and India, representing a quarter of global population, seeing rising incomes. They are being joined by Brazil, Russia, Indonesia and some African countries.
Demand for medicines that treat diseases formerly associated with the developed world would be expanding to emerging economy countries. The real GDP of E7 countries—Brazil, China, India, Mexico, Russia, Indonesia, and Turkey—is estimated to increase multi-fold increase to $15.7 trillion by the year 2020. In contrast, G7 countries will grow by just 40 percent, to $36.1 trillion. The richer the E7 countries become, the more they would be expected to spend on healthcare...
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