Penicillin Drug Market

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Penicillin Drug Market 

• Penicillin Drug Market to reach 12.1 Billion,
  globally, by 2032 at 3.7 CAGR Allied Market
  Research

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Prime determinants of growth 

• The global penicillin drug market is being driven
  by multiple factors, including an increase in
  awareness and adoption of combination
  medications, a rise in the prevalence of
  bacterial infections, and the availability of
  generic medications. The growing recognition and
  utilization of combination medications, where
  penicillin drugs are used in combination with
  other compounds, are also contributing to the
  market's expansion. In addition, the rising
  incidences of bacterial infections worldwide are
  creating a higher demand for effective penicillin
  treatments. However, side effects associated with
  penicillin are restraining the market growth. 
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Leading Market Players

• GlaxoSmithKline Plc
• Pfizer Inc.
• Novartis AG
• Lupin  
• Abbott Laboratories  
• Cipla Ltd  
• Takeda Pharmaceutical Company Ltd  
• Alkem Laboratories Ltd.  
• Teva Pharmaceutical Industries Limited  
• Sun Pharmaceutical Industries Limited

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Contact

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