THE Philippine pharmaceutical industry is projected to grow by an average of 8 to 11 percent in the next five years, the Philippine Pharmaceutical Manufacturers Association (PPMA) said.

"The Philippine pharmaceutical industry growth is among the fastest in the world and [is forecast to grow] by 8 to 11 percent average in the next five years," PPMA president Higinio Porte Jr. said during the India-Philippine Business Conference on Wednesday.

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