Taiwan Pharmaceutical Market (2026-2032) | Size & Revenue, Forecast, Industry, Companies, Competitive Landscape, Analysis, Segmentation, Growth, Trends, Value, Outlook, Share
Market Forecast By Prescription Type (Prescription Drugs, Over-the-Counter Drugs), By Drug Type (Branded Drugs, Generic Drugs, Branded Generic Drugs), By Drug Class (Small Molecules, Biologics, Biosimilars), By Indication (Cardiovascular Diseases, Immunology, Respiratory Diseases, Neurological Diseases, Infectious Diseases, Skin Diseases), By Mode of Administration (Topical, Oral, Injectable, Intra-nasal, Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Pharmacies) And Competitive Landscape
| Product Code: ETC9627308 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Taiwan Pharmaceutical Market Growth Rate
According to 6Wresearch internal database and industry insights, the Taiwan Pharmaceutical Market is projected to grow at a compound annual growth rate (CAGR) of 6.4% during the forecast period 2026–2032.
Five-Year Growth Trajectory of the Taiwan Pharmaceutical Market with Core Drivers
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
| Years | Est. Annual Growth (%) | Growth Drivers |
| 2021 | 5.1 | Strong national health insurance coverage and stable drug reimbursement. |
| 2022 | 5.4 | Increased use of chronic disease and cardiovascular medicines. |
| 2023 | 5.8 | Growth in biologics and specialty drug prescriptions. |
| 2024 | 6.1 | Expansion of hospital-based specialty care and biosimilar uptake. |
| 2025 | 6.3 | Increasing need for aging population therapies and digital pharmacy services. |
Topics Covered in the Taiwan Pharmaceutical Market Report
The Taiwan Pharmaceutical Market report thoroughly covers the market by prescription type, drug type, drug class, indication, mode of administration, and distribution channel. It provides an unbiased and detailed analysis of ongoing market trends, opportunities, challenges, and market drivers, helping stakeholders align their strategies with current and future market dynamics.
Taiwan Pharmaceutical Market Highlights
| Report Name | Taiwan Pharmaceutical Market |
| Forecast period | 2026–2032 |
| CAGR | 6.4% |
| Growing Sector | Biologics and Biosimilars |
Taiwan Pharmaceutical Market Synopsis
Taiwan Pharmaceutical Market is anticipated to undergo steady growth encouraged by a robust national health insurance system, high healthcare accessibility, and rising demand for chronic and specialty disease treatments. The market benefits from robust regulatory oversight, broad prescription drug usage, and rising adoption of biologics and biosimilars. Increasing spendings on healthcare and aging demographics are solidifying Taiwan Pharmaceutical Market Growth.
Evaluation of Growth Drivers in the Taiwan Pharmaceutical Market
Below mentioned are some prominent drivers and their influence on the Taiwan Pharmaceutical Market dynamics:
| Drivers | Primary Segment Affected | Why It Matters (Evidence) |
| National Health Insurance Coverage | Prescription Drugs | Broad reimbursement supports high medicine utilization. |
| Aging Population | Cardiovascular & Neurology | Long-term therapy increases chronic drug consumption. |
| Specialty Care Expansion | Biologics | Hospitals increasingly prescribe advanced therapies. |
| Biosimilar Acceptance | Biosimilars | Cost efficiency improves adoption under reimbursement schemes. |
| Digital Healthcare Services | Retail Pharmacies | E-prescriptions improve dispensing efficiency. |
Taiwan Pharmaceutical Market is projected to grow at a compound annual growth rate (CAGR) of 6.4% from 2026 to 2032. Expansion is supported by robust insurance-backed drug reimbursement, increasing demand for biologics and chronic disease therapies, and growing hospital and chain of retail pharmacy. Persistent allocation of money in pharmaceutical innovation further supports market expansion and an aging population with increasing long-term treatment needs is also solidifying sustained medicine consumption.
Evaluation of Restraints in the Taiwan Pharmaceutical Market
Below mentioned are some major restraints and their influence on the Taiwan Pharmaceutical Market dynamics:
| Restraints | Primary Segment Affected | What This Means (Evidence) |
| Price Controls | Branded Drugs | Restricts growth of revenue for high-quality medicines and limits costing flexibility. |
| Regulatory Review Timelines | New Drug Approvals | Slows market entry of innovative therapies and restricts commercialization. |
| High Competition | Generic Drugs | Margin and increasing pricing pressure gets impacted through intense competition. |
| R&D Costs | Biologics | Increased development spendings impact smaller players and restrict innovation scale. |
| Market Saturation | Retail Pharmacies | Dense pharmacy networks limit rapid expansion and new outlet growth. |
Taiwan Pharmaceutical Market Challenges
Taiwan Pharmaceutical Industry goes through challenges such as costing pressure from reimbursement policies, regulatory approval timelines, and strong competition among generics. High development prices for biologics and market saturation further intensify competition. Addressing these challenges requires innovation efficiency, cost optimization, and strategic engagement with healthcare authorities and solidifying value-based pricing approaches and quick access to innovative therapies can further improves sustainability in the market.
Taiwan Pharmaceutical Market Trends
Several notable trends are shaping the Taiwan Pharmaceutical Market dynamics:
- Growing Biologics Adoption: Hospitals highly prescribe biologics for cancer and immunology treatments, bolstering premium utilisation of drug.
- Digital Prescription Growth: E-prescription systems augment pharmacy efficiency and decreases dispensing errors.
- Chronic Disease Focus: Cardiovascular and neurological therapies propels long-term demand and persistent treatment cycles.
- Patient-Centric Care: Concentration on treatment outcomes influences prescribing patterns and therapy selection.
Investment Opportunities in the Taiwan Pharmaceutical Industry
Some notable investment opportunities in the Taiwan Pharmaceutical Industry are:
- Biologics Manufacturing: Robust specialty drug requirement encourages progressive manufacturing and technology upgrades.
- Digital Pharmacy Platforms: Technology-driven dispensing solutions are spreading to augment the convenience of patient.
- Biosimilar Development: Cost-containment policies prefers biosimilar investment with scalable potential in the market.
Top 5 Leading Players in the Taiwan Pharmaceutical Market
Below is the list of prominent companies leading in the Taiwan Pharmaceutical Market:
1. Pfizer Taiwan
| Company Name | Pfizer Taiwan |
|---|---|
| Established Year | 1952 |
| Headquarters | Taipei, Taiwan |
| Official Website | Click Here |
Pfizer Taiwan concentrates on specialty medicines and vaccines, encouraging advanced hospital therapies and chronic disease management.
2. Novartis Taiwan
| Company Name | Novartis Taiwan |
|---|---|
| Established Year | 1996 |
| Headquarters | Taipei, Taiwan |
| Official Website | Click Here |
Novartis Taiwan provides innovative medicines across oncology, cardiovascular, and immunology segments.
3. Roche Taiwan
| Company Name | Roche Taiwan |
|---|---|
| Established Year | 1976 |
| Headquarters | Taipei, Taiwan |
| Official Website | Click Here |
Roche Taiwan focusses in oncology and diagnostic-driven pharmaceutical solutions.
4. Taiwan Biotech Co., Ltd.
| Company Name | Taiwan Biotech Co., Ltd. |
|---|---|
| Established Year | 2001 |
| Headquarters | Taipei, Taiwan |
| Official Website | Click Here |
The company concentrates on biologics and biosimilar development for domestic and regional markets.
5. Orient Pharma
| Company Name | Orient Pharma |
|---|---|
| Established Year | 1965 |
| Headquarters | Taipei, Taiwan |
| Official Website | Click Here |
Orient Pharma develops branded generics and prescription medicines for hospital and retail distribution.
Government Regulations Introduced in the Taiwan Pharmaceutical Market
According to Taiwan’s government data, the government regulates the pharmaceutical market through the National Health Insurance Administration (NHIA). It looks after drug pricing and reimbursement. Policies encourage innovation in pharmaceutical innovation, while ensuring patient safety and cost efficiency and additional regulatory measures concentrate on transparent market access and long-term sustainability of healthcare spending.
Future Insights of the Taiwan Pharmaceutical Market
Taiwan Pharmaceutical Market is anticipated to grow steadily bolstered by aging demographics, biologics adoption, and persistent government support through reimbursement frameworks. The market growth gets shaped through growth of biosimilars, digital healthcare integration, and specialty drug development and robust partnerships between hospitals, insurers, and pharmaceutical companies will augment effectiveness in treatment and stability of the market.
Market Segmentation Analysis
The report offers a comprehensive study of the following market segments and their leading categories:
Market Forecast By Prescription Type – Prescription Drugs to dominate the market
According to Parth, Senior Research Analyst, 6Wresearch, Large Prescription drugs lead the Taiwan Pharmaceutical Market Share due to robust insurance-backed reimbursement and physician-led treatment protocols. Chronic disease management largely depends on prescribed therapies.
Market Forecast By Drug Type – Branded Drugs to dominate the market
Branded drugs leads encouraged by innovation-driven prescribing and reimbursement for premium therapies. Persistent launch of patented medicines sustains strong branded market positioning and robust physician faith in branded therapies further encourages consistent demand.
Market Forecast By Drug Class – Biologics to dominate the market
Biologics leads due to strong clinical outcomes and large hospital usage for complex diseases. Specialist-driven treatment protocols further solidifies biologics adoption and advanced manufacturing standards augments the reliability of product reliability.
Market Forecast By Indication – Cardiovascular Diseases to dominate the market
Cardiovascular treatments leads bolstered by aging population trends and long-term medication adherence. Preventive and maintenance therapies ensure stable prescription volumes and public health initiatives focusses on early disease management.
Market Forecast By Mode of Administration – Injectable to dominate the market
Injectable drugs leads due to broad use of biologics and specialty hospital-administered therapies. Clinical supervision needs strengthen injectable demand and hospital-based treatment settings prefer injectable formulations.
Market Forecast By Distribution Channel – Hospital Pharmacies to dominate the market
Hospital pharmacies lead due to centralized dispensing of specialty and high-cost medicines. Integrated hospital procurement systems augment supply efficiency and close coordination with clinical departments ensures usage of controlled medicine.
Key Attractiveness of the Report
- 10 Years of Market Numbers.
- Historical Data Starting from 2022 to 2025.
- Base Year: 2025.
- Forecast Data until 2032.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
- Taiwan Pharmaceutical Market Outlook
- Market Size of Taiwan Pharmaceutical Market, 2025
- Forecast of Taiwan Pharmaceutical Market, 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Revenues & Volume for the Period 2022- 2032
- Taiwan Pharmaceutical Market Trend Evolution
- Taiwan Pharmaceutical Market Drivers and Challenges
- Taiwan Pharmaceutical Price Trends
- Taiwan Pharmaceutical Porter's Five Forces
- Taiwan Pharmaceutical Industry Life Cycle
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Prescription Type for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Prescription Drugs for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Over-the-Counter Drugs for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Drug Type for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Branded Drugs for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Generic Drugs for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Branded Generic Drugs for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Drug Class for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Small Molecules for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Biologics for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Biosimilars for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Indication for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Cardiovascular Diseases for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Immunology for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Respiratory Diseases for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Neurological Diseases for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Infectious Diseases for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Skin Diseases for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Mode of Administration for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Topical for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Oral for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Injectable for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Intra-nasal for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Others for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Distribution Channel for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Hospital Pharmacies for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Retail Pharmacies for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Drug Stores for the Period 2022- 2032
- Historical Data and Forecast of Taiwan Pharmaceutical Market Revenues & Volume By Online Pharmacies for the Period 2022- 2032
- Taiwan Pharmaceutical Import Export Trade Statistics
- Market Opportunity Assessment By Prescription Type
- Market Opportunity Assessment By Drug Type
- Market Opportunity Assessment By Drug Class
- Market Opportunity Assessment By Indication
- Market Opportunity Assessment By Mode of Administration
- Market Opportunity Assessment By Distribution Channel
- Taiwan Pharmaceutical Top Companies Market Share
- Taiwan Pharmaceutical Competitive Benchmarking By Technical and Operational Parameters
- Taiwan Pharmaceutical Company Profiles
- Taiwan Pharmaceutical Key Strategic Recommendations
Market Covered
The report offers a comprehensive study of the following Taiwan Pharmaceutical Market segments:
By Prescription Type
- Prescription Drugs
- Over-the-Counter Drugs
By Drug Type
- Branded Drugs
- Generic Drugs
- Branded Generic Drugs
By Drug Class
- Small Molecules
- Biologics
- Biosimilars
By Indication
- Cardiovascular Diseases
- Immunology
- Respiratory Diseases
- Neurological Diseases
- Infectious Diseases
- Skin Diseases
By Mode of Administration
- Topical
- Oral
- Injectable
- Intra-nasal
- Others
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Drug Stores
- Online Pharmacies
Taiwan Pharmaceutical Market (2026-2032) : FAQ's
The Taiwan Pharmaceutical Market is expected to grow at a compound annual growth rate of 6.4% during the forecast period from 2026 to 2032.
Growth is bolstered by national insurance coverage, aging population, and biologics adoption.
Government policy support the Taiwan Pharmaceutical Market by supporting reimbursement, biosimilar adoption, and innovation oversight.
The future growth prospects of the Taiwan Pharmaceutical Market are the market is expected to grow steadily with expansion in specialty drugs and digital healthcare.
6Wresearch actively monitors the Taiwan Pharmaceutical Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Taiwan Pharmaceutical Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Taiwan Pharmaceutical Market Overview |
| 3.1 Taiwan Country Macro Economic Indicators |
| 3.2 Taiwan Pharmaceutical Market Revenues & Volume, 2022 & 2032F |
| 3.3 Taiwan Pharmaceutical Market - Industry Life Cycle |
| 3.4 Taiwan Pharmaceutical Market - Porter's Five Forces |
| 3.5 Taiwan Pharmaceutical Market Revenues & Volume Share, By Prescription Type, 2022 & 2032F |
| 3.6 Taiwan Pharmaceutical Market Revenues & Volume Share, By Drug Type, 2022 & 2032F |
| 3.7 Taiwan Pharmaceutical Market Revenues & Volume Share, By Drug Class, 2022 & 2032F |
| 3.8 Taiwan Pharmaceutical Market Revenues & Volume Share, By Indication, 2022 & 2032F |
| 3.9 Taiwan Pharmaceutical Market Revenues & Volume Share, By Mode of Administration, 2022 & 2032F |
| 3.10 Taiwan Pharmaceutical Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
| 4 Taiwan Pharmaceutical Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Increasing healthcare expenditure and government support for the pharmaceutical industry |
| 4.2.2 Growing aging population leading to higher demand for healthcare services and medications |
| 4.2.3 Technological advancements and innovation in pharmaceutical research and development |
| 4.3 Market Restraints |
| 4.3.1 Stringent regulatory environment and pricing pressure on pharmaceutical products |
| 4.3.2 Competition from generic drug manufacturers impacting profit margins |
| 5 Taiwan Pharmaceutical Market Trends |
| 6 Taiwan Pharmaceutical Market, By Types |
| 6.1 Taiwan Pharmaceutical Market, By Prescription Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 Taiwan Pharmaceutical Market Revenues & Volume, By Prescription Type, 2022- 2032F |
| 6.1.3 Taiwan Pharmaceutical Market Revenues & Volume, By Prescription Drugs, 2022- 2032F |
| 6.1.4 Taiwan Pharmaceutical Market Revenues & Volume, By Over-the-Counter Drugs, 2022- 2032F |
| 6.2 Taiwan Pharmaceutical Market, By Drug Type |
| 6.2.1 Overview and Analysis |
| 6.2.2 Taiwan Pharmaceutical Market Revenues & Volume, By Branded Drugs, 2022- 2032F |
| 6.2.3 Taiwan Pharmaceutical Market Revenues & Volume, By Generic Drugs, 2022- 2032F |
| 6.2.4 Taiwan Pharmaceutical Market Revenues & Volume, By Branded Generic Drugs, 2022- 2032F |
| 6.3 Taiwan Pharmaceutical Market, By Drug Class |
| 6.3.1 Overview and Analysis |
| 6.3.2 Taiwan Pharmaceutical Market Revenues & Volume, By Small Molecules, 2022- 2032F |
| 6.3.3 Taiwan Pharmaceutical Market Revenues & Volume, By Biologics, 2022- 2032F |
| 6.3.4 Taiwan Pharmaceutical Market Revenues & Volume, By Biosimilars, 2022- 2032F |
| 6.4 Taiwan Pharmaceutical Market, By Indication |
| 6.4.1 Overview and Analysis |
| 6.4.2 Taiwan Pharmaceutical Market Revenues & Volume, By Cardiovascular Diseases, 2022- 2032F |
| 6.4.3 Taiwan Pharmaceutical Market Revenues & Volume, By Immunology, 2022- 2032F |
| 6.4.4 Taiwan Pharmaceutical Market Revenues & Volume, By Respiratory Diseases, 2022- 2032F |
| 6.4.5 Taiwan Pharmaceutical Market Revenues & Volume, By Neurological Diseases, 2022- 2032F |
| 6.4.6 Taiwan Pharmaceutical Market Revenues & Volume, By Infectious Diseases, 2022- 2032F |
| 6.4.7 Taiwan Pharmaceutical Market Revenues & Volume, By Skin Diseases, 2022- 2032F |
| 6.5 Taiwan Pharmaceutical Market, By Mode of Administration |
| 6.5.1 Overview and Analysis |
| 6.5.2 Taiwan Pharmaceutical Market Revenues & Volume, By Topical, 2022- 2032F |
| 6.5.3 Taiwan Pharmaceutical Market Revenues & Volume, By Oral, 2022- 2032F |
| 6.5.4 Taiwan Pharmaceutical Market Revenues & Volume, By Injectable, 2022- 2032F |
| 6.5.5 Taiwan Pharmaceutical Market Revenues & Volume, By Intra-nasal, 2022- 2032F |
| 6.5.6 Taiwan Pharmaceutical Market Revenues & Volume, By Others, 2022- 2032F |
| 6.6 Taiwan Pharmaceutical Market, By Distribution Channel |
| 6.6.1 Overview and Analysis |
| 6.6.2 Taiwan Pharmaceutical Market Revenues & Volume, By Hospital Pharmacies, 2022- 2032F |
| 6.6.3 Taiwan Pharmaceutical Market Revenues & Volume, By Retail Pharmacies, 2022- 2032F |
| 6.6.4 Taiwan Pharmaceutical Market Revenues & Volume, By Drug Stores, 2022- 2032F |
| 6.6.5 Taiwan Pharmaceutical Market Revenues & Volume, By Online Pharmacies, 2022- 2032F |
| 7 Taiwan Pharmaceutical Market Import-Export Trade Statistics |
| 7.1 Taiwan Pharmaceutical Market Export to Major Countries |
| 7.2 Taiwan Pharmaceutical Market Imports from Major Countries |
| 8 Taiwan Pharmaceutical Market Key Performance Indicators |
| 8.1 Research and development (RD) investment in new drug development |
| 8.2 Number of new drug approvals by regulatory authorities |
| 8.3 Adoption rate of innovative pharmaceutical technologies |
| 8.4 Rate of growth in healthcare expenditure |
| 8.5 Number of patents filed for pharmaceutical products |
| 9 Taiwan Pharmaceutical Market - Opportunity Assessment |
| 9.1 Taiwan Pharmaceutical Market Opportunity Assessment, By Prescription Type, 2022 & 2032F |
| 9.2 Taiwan Pharmaceutical Market Opportunity Assessment, By Drug Type, 2022 & 2032F |
| 9.3 Taiwan Pharmaceutical Market Opportunity Assessment, By Drug Class, 2022 & 2032F |
| 9.4 Taiwan Pharmaceutical Market Opportunity Assessment, By Indication, 2022 & 2032F |
| 9.5 Taiwan Pharmaceutical Market Opportunity Assessment, By Mode of Administration, 2022 & 2032F |
| 9.6 Taiwan Pharmaceutical Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
| 10 Taiwan Pharmaceutical Market - Competitive Landscape |
| 10.1 Taiwan Pharmaceutical Market Revenue Share, By Companies, 2022-2032F |
| 10.2 Taiwan Pharmaceutical Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |
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