Radio chemicals are radioactive. Usually, radioactivity can be natural or artificially produced. Given the growth of the radiochemicals industry in the U.S., the country is the number one largest national producer of chemical products internationally. The chemicals are essential in different sectors, including laboratories and radiopharmaceuticals. Here’s a complete overview of radiochemicals and their market.
1.The Market for Pharmaceuticals in the United States
The U.S. alone holds over 45% of the global pharmaceutical market. As such, it is one of the main revenue contributors to the nation. Its contribution to the economy has been felt over the years. In 2016, its valuation was approximately $446 billion. Given these statistics, it is evident that certain companies contribute to the growth of the pharmaceutical industry. In the U.S. alone, six out of the top 10 organizations were recognized for skyrocketing the country’s pharmaceutical sector. Among the listed pr (more…)