Indonesia’s pharmaceutical market is expected to reach $9.9bn by 2020. What growth is expected for high-end drugs vis-à-vis generics?
Indonesia’s pharmaceutical market is expected to reach $9.9bn by 2020. What growth is expected for high-end drugs vis-à-vis generics?
The introduction of universal health care is expected to have a major impact on Indonesia’s already thriving pharmaceuticals sector. Analysts have predicted that 2015 will be a watershed year for pharmaceuticals, with the full implementation of universal health care (known as JKN locally) expected to increase demand for prescription medications. Generics especially will...
Because Indonesia manufactures only a small number of the high-tech medical devices and equipment it uses domestically, the opportunities for foreign manufacturers, suppliers and distributors of medical devices are numerous. Devices and equipment used in clinical laboratories, diagnosis, surgery, cancer treatment, dental services and dermatology are all expected to see high...
The year 2015 marks the second year of the rollout of universal health care (UHC), known as JKN locally, in Indonesia. The plan saw a challenging launch in 2014, but administrators and lawmakers are maintaining the target of full implementation by 2019, when 240m260m Indonesians will be eligible for coverage under the plan. In many ways, the implementation of JKN is driving...
The year 2015 marks the second year of the roll out of universal health care in Indonesia. The plan saw a challenging launch in 2014, but administrators and lawmakers are continuing to work toward the target of full implementation by 2019. As more people seek health care because they have coverage, more hospitals are needed, as are more medical staff. Analysts blame regulation disparities,...
Indonesia is transforming from a resources- and consumption-based economy to a more manufacturing- and investment-oriented one, working to build an industrial base that will allow it to reduce its dependence on imports and keep more value within the economy. Following his inauguration in October 2014, President Joko Widodo quickly took a number of vital and positive steps that so far are increasing opportunities for foreign direct investment.
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