CPhI South America to open in Rio next year
Exhibition organiser CMPi has revised the venue and timing for the Brazil launch of its CPhI South America and P-MEC exhibitions. The events will now take place at Rio de Janeiro's new Cidade Nova Convention Center, from 19 -21 August, 2008.
Exhibition organiser CMPi has revised the venue and timing for the Brazil launch of its CPhI South America and P-MEC exhibitions. The events will now take place at Rio de Janeiro's new Cidade Nova Convention Center, from 19 -21 August, 2008.
The new 16,000m2 convention facility will be completed this summer.
The new timing ensures a minimum six-week logistics interval for exhibitors also taking part in early October's CPhI Worldwide 2008 and P-MEC Europe 2008. "The schedule change - from Sao Paulo in early September - places the event in a brand-new facility and at a better time for exhibitors already committed to Europe's CPhI Worldwide," said CPhI events director Annemieke Timmers.
CPhI South America and P-MEC South America are being introduced against a market background of rapid growth and major opportunities triggered by changing legislation. Latin and Central America represent a pharma market estimated at US$33 bn, with an annual growth rate of 13% - double the world average.
Mexico and Brazil together represent 65% of the market, with 35% and 30% respectively, followed by Argentina (9%) and Venezuela (6%). State healthcare policy sees Venezuela leading the annual growth league, at 20% - followed by Brazil at 18%.
South America's pharma industry reflects a combination of national and international producers and partnerships that span the branded and generic sectors - and steadily increasing overseas activity by South American producers.
CPhI South America will be the fifth exhibition in the CPhI community, following the 2006 debut of CPhI India, where 11,000 visitors and more than 300 exhibitors created a record CPhI launch event. Held in Europe since 1990, CPhI Worldwide is the largest global pharma ingredients event, with over 22,000 visitors and 1,750 exhibitors. CPhI China was added in 2001 and CPhI Japan in 2002.
P-MEC was launched in Europe, alongside CPhI, in 2005 and followed by the introduction of P-MEC China in 2006. This year sees the debut of P-MEC India, with P-MEC Japan and P-MEC South America both launching in 2008.