10 Pharma Stocks Under $3

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According to Karvy Global, "Global expenditure for medicines is expected to reach almost $1.1 trillion by 2015, with a five-year compound annual growth rate of 3% to 6%, according to the IMS Institute. Further, the institute adds that spending on medicines in pharmerging markets will double to $285 billion to $315 billion over the next five years from $151 billion in 2010. This will catapult pharmerging markets to the second position, in terms of spending on medicines." Read more here.

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