What Is the BRICS Group?
What Is the BRICS Group and Why Is It Expanding?
Why BRICS
India
As per the 2019 report of the National Health Portal of India, 41,996,260 cases and 3,740 deaths from respiratory infections were recorded across India in 2018. India contributes to 18% of the global population, with severe acute respiratory infection (SARI) as one of the prominent causes of mortality in children
Brazil
With a population of more than 200 million people and representing the largest healthcare market in Latin America, Brazil is a lucrative market for the life sciences industry.
Russia
The largest country worldwide by area, spanning over one-eighth of the Earth’s inhabited land, Russia has eleven time zones, a multitude of environments and a rich cultural mixture.Russia is one of the top ten largest economies by GDP and this produces an immense purchasing power within the country.
USA
The average cost for a Big Pharma to develop a drug in 2024 was $2.23 billion, up from $2.12 billion the year before. Projected for release here in 2029