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Expansion Potential of Austrian Pharmaceutical Industry in Japan

Published: December 1, 2010; 11:09 · (Vindobona)

Japanese pharmaceutical companies need new products and international cooperation. An opportunity for local companies.

Expansion Potential of Austrian Pharmaceutical Industry in Japan / Picture: © Flickr

"The Japanese health care market is one of the largest in the world. The pharmaceutical market alone is estimated at eight trillion yen -about € 73 billion- in the second place globally after the U.S., and offers many opportunities for Austrian companies", reports Martin Glatz, Austrian Trade Commissioner in Tokyo.

With a rapidly aging population -in 2050 every third Japanese…

This article includes a total of 250 words.

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