Generic drug industry to flourish, analyst says

09/6/2007 | Boston Globe (tiered subscription model), The

Generic drug makers will continue reaping bigger profits, as the annual sales growth rate of 14% for generic drugs is far above that of the single-digit annual growth rate of brand-name drugmakers, top industry analyst Doug Long predicts. However, Long warns that price competition and "innovation slowdown" will affect the growth of generic drug makers.

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Boston Globe (tiered subscription model), The

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