The Indian pharmaceutical market is expected to reach $48.5 billion by 2020.
"There's been pretty creative thinking about what used to be pharmaceutical markets, and now we're bringing engineering solutions."
Medicaid accounts for about 13 percent of drug purchases in the domestic pharmaceutical market.
The years show when a given drug was released onto the pharmaceutical market.
Together, the three companies have at least 15 percent of the $36 billion American pharmaceutical market.
In 1967, the company opened one of the first professional pharmaceutical market research departments.
"This is unquestionably one of the largest potential pharmaceutical markets in the world," he added.
The United States remained the world's largest pharmaceutical market, with $99.5 billion in sales last year, an 11 percent increase from 1997.
Its product development programs focus primarily on important pharmaceutical markets with significant unmet medical needs and commercial potential.
After being removed from the pharmaceutical market, thalidomide has been the subject of significant clinical research.