ÌÇÐÄÆƽâ°æ

In 2024, Brazil was by far the Latin American country with the highest pharmaceutical market value, amounting to around ** billion U.S. dollars. Mexico ranked second, with a pharma market value of approximately ** billion U.S. dollars. As a whole, Latin America accounted for about *** percent of the global 2023 pharmaceutical market revenue.

An industry driven by imports

Brazil produced more than ** billion Brazilian reals worth of pharmaceutical products in 2023. Despite its significant role in the national economy, the pharmaceutical industry in this South American country relies mostly on imports. In 2024, Brazil had pharmaceutical imports for about ** billion U.S. dollars. Meanwhile, Brazil’s pharma exports have declined from **** billion U.S. dollars in 2014 to **** billion U.S. dollars in 2024. 

ACHE Laboratorios – a national market leader

Despite U.S companies such as Pfizer leading the global pharmaceutical industry, in Brazil Aché Laboratorios Farmacéuticos S.A. - a prominent 100-percent Brazilian pharmaceutical corporation – ranks first in the segment, with a revenue of nearly **** billion Brazilian reals in 2023. Focusing mostly on the production and sales of prescription drugs, the company invested more than **** billion reals in research, development, and innovation in 2018.