German Pharmaceutical Contacts

Germany is the third-largest market worldwide for pharmaceuticals and, despite certain regulatory and policy trends, remains highly attractive and open compared to most other markets.

Access to the German market is controlled by strict national and European Union legislation. However, there are not direct price controls, as found in many other European markets. As a general rule, new-to-market American pharmaceutical companies can gain access through a direct distribution agreement, acquisition of a local company or, by establishing a subsidiary in Germany or another European Union country.

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Saudi Arabian Pharamaceutical Contacts

The Saudi market for pharmaceutical products totals approximately $1 billion and is expected to grow at a rate of five percent annually for the next three years. More than 85 percent of the market relies on imports. The Arabian Gulf market for pharmaceuticals is very dynamic, especially in Saudi Arabia, which accounts for 65 percent of the Gulf Cooperation Council market. A rapid population growth, estimated at 3.4 percent, will ensure that this trend continues.

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