E_mg_GB_03_vorne-29_3_04
E_mg_GB_03_vorne-29_3_04
E_mg_GB_03_vorne-29_3_04
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
34<br />
Pharmaceuticals<br />
Healthcare – comprising pharmaceuticals, biotechnology and medical technology – is<br />
one of the economic growth engines of the 21st century. The reasons for this are growing<br />
populations, medical and technological advances, and greater life expectancy.<br />
Over the past ten years, spending on medicines in Germany has risen by almost 40 percent<br />
to roughly P30 billion. The U.S. pharmaceutical market which, with sales worth the equivalent<br />
of roughly P150 billion in 2002, accounted for virtually half of the global market, has<br />
almost tripled over this period. And the sector continues to grow disproportionately by<br />
eight percent per year worldwide. In 2005, the size of this market is forecast to be at least<br />
P390 billion. The biotech industry will also expand strongly over the medium term. More<br />
than half of all newly approved drugs now come from the biotech industry.<br />
As a value-adding partner to the pharmaceutical industry, GEA and its subsidiaries each<br />
occupy leading positions in their respective markets. Niro Pharma Systems is the global market<br />
leader in the cutting-edge process engineering used to produce solid medicines. Its technology<br />
offering ranges from the batching and weighing of active and inactive ingredients to<br />
the granulation and drying stages and the finished tablet. Its customers include almost all<br />
major companies in the pharmaceutical industry.