Our Team Challenge winners!

The Discovery District came together on Friday in the spirit of a team sport to… well, primarily kick each other’s butts. But this volleyball challenge brought together people from all walks of this diverse community.

The after party at Rower’s Pub included food, drinks, networking and fantastic prizes!

Congrats to our winners!

Drop by the MaRS Flickr Photo Album to peruse the photos, laugh at your friends and make comments!

Pharma industry future

Healthcare research and data provider IMS Health released its annual global forecast for the pharmaceutical and therapy markets on November 1. The report’s highlights include:

• the global pharmaceutical market is expected to grow at a five to six per cent pace next year, compared with six to seven per cent in 2007
• the seven largest markets (US, Japan and Europe) will contribute just half of overall pharmaceutical market growth, while seven emerging markets (China, Brazil, Mexico, South Korea, India, Turkey and Russia) will contribute nearly 25 per cent of growth worldwide and are expected to grow 12-13 per cent (vs four to five per cent for majority of largest markets)
• there will be a decline for the first time in the size of the $370-380 billion audited market for primary care-driven drugs as a result of patent protection expirations

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