Latin America Pharmaceutical Excipients Market Share

Pharmaceutical excipients are pharmaceutically inactive substances in the final formulation. Standard purposes of using excipients alongside the active ingredients are streamlining the manufacturing of formulation and facilitate physiological absorption of drugs and support or boost the stability of formulation. Development in this market is driven by the rising pharmaceutical industry in Latin American countries like Mexico, Brazil, and Argentina; growing focus of MNCs on investing in the pharmaceutical and healthcare sectors in this region; fast growth in aging population & the subsequent increase in the frequency of related disorders; and the availability of local and government funding for R&D activities.

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