News & Opinions Home
Market Place
Busiwire
Research and Markets: Public Sector Funding for Indonesia's Healthcare Remains Low, Estimated At Around US$4.4 Billion In 2008
Thursday May 14, 05:30 AM
Research and Markets (http://www.researchandmarkets.com/research/0c1fd2/the_pharmaceutical)
has announced the addition of the "The
Pharmaceutical Market: Indonesia" report to their offering.
In November 2008, the Health Ministry introduced rules requiring drug
companies to have production facilities in the country, in order to get
licences to sell their products in Indonesia. The rules will affect 13
international companies that sell their products in Indonesia but do not
have manufacturing facilities.
The economy is predicted to slow in 2009, expanding at just 3.5%
compared to an estimated 6.1% in 2008 largely due to a lower demand for
Indonesian exports. The stock market and the Indonesian rupiah took a
beating in 2008. The government under president Bambang Susilo Yudhoyono
faces the challenge of steadying its currency from further devaluation.
Public sector funding for healthcare is low, estimated at around US$4.4
billion in 2008 and the country continues to rely on international aid.
Despite the present administration placing more emphasis on healthcare
and funding, the insufficient number of health professionals and
bureaucratic problems are hampering development.
Protection of intellectual property rights is generally regarded as
inadequate in Indonesia and counterfeiting is also a major problem.
Although the government has started to crackdown on distributors of
counterfeit drugs, intellectual property protection for pharmaceuticals
remains weak. The country remained on the US government's Watch List in
2008.
The domestic pharmaceutical manufacturing industry is strong and the
country has become an attractive base for many multinational producers
to operate. This is largely down to a cheap labour force and generally
inexpensive production costs.
Espicom's in-depth pharmaceutical market reports are ideal for
executives wanting to understand the key drivers in pharmaceutical
markets and have access to a wealth of statistical data. Each report
opens with an outlook section that provides analysis of the market,
5-year market forecasts, national data projections, market outlook and
key developments such as regulation, pricing/reimbursement, intellectual
property, health facilities and government policy. The report also
provides extensive background information, population trends, health
status, health expenditure, organisation & administration, hospital
services, medical personnel, healthcare development, market access
information, trade data for raw materials and finished products and
essential industry contacts. Included with the report are 3 free
quarterly updated outlook reports, enabling you to keep up to date with
market developments for a year.
Key Topics Covered:
EXECUTIVE SUMMARY
Market Structure
Domestic Manufacturing
Local Manufacturers
Multinational Manufacturers
Exports
Pharmaceutical Regulatory Analysis
Pharmaceutical Regulation
Pricing & Reimbursement
Pharmaceutical Distribution
DIRECTORY
Methodology & Sources
List of Tables
Companies Mentioned:
Innogene Kalbiotech
Darya-Varia Group
PT Indofarma
Kalbe Farma
PT Kimia
PT Tempo Scan Pacific
PT Dexa Medica
PT Bio Farma
For more information visit http://www.researchandmarkets.com/research/0c1fd2/the_pharmaceutical.
Source: Espicom Business Intelligence Ltd
Contact:Research and MarketsLaura WoodSenior Managerpress@researchandmarkets.comFax
from USA: 646-607-1907Fax from rest of the world: +353-1-481-1716
Next Article: Research and Markets: Structural Building Materials Market in Indonesia: Business Report 2009
Previous article: Research and Markets: Global Palm Oil Industry, Opportunities and Challenges - China, India and Indonesia Consume More than 80% of Palm Oil
Top Headlines
Vodafone NZ mobile connections continue to grow
Tuesday May 19, 08:17 PM - NZPA
Global mobile phone group Vodafone added 136,000 New Zealand mobile connections over the last year, and continues to lead the .. Read More
Kingsoft's (HKG:3888) Collaboration with PICC P&C Offers Kingsoft Internet Security - Computer Insurance Version
Tuesday May 19, 07:48 PM - Asia Business News
Hong Kong, Hong Kong, May 19, 2009 - (ABN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Compan .. Read More
NZ sharemarket rises modest 0.5 percent
Tuesday May 19, 06:24 PM - NZPA
The sharemarket closed nearly half a percent higher, but declines in two of the top three stocks pegged back its gains compar .. Read More
Calculators
Copyright © 2009 Yahoo! All rights reserved.
Yahoo!Xtra: A Yahoo!7/Telecom New Zealand Company.