Mexico’s Growing Presence in the Pharmaceutical Industry
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One of the key takeaways from Ti’s recent report, Latin America Transport and Logistics report is the increasing influence of Mexico across the region. While automobile manufacturing is Mexico’s largest industry, the pharmacuetical industry comes in at second. There are well over 400 pharmaceutical companies in the country and combined, manufacture over 80% of the nation’s pharmaceuticals.In addition, thanks to government regulatory changes, Mexico is the 12th largest pharmaceutical market in th...
