S&P Capital is giving a positive outlook for the industry in 2013 due to the advancements in therapies that have gone through clinical testing and are getting ready for commercialization. Furthermore, the United States has become more accommodating to the approvals process. There are currently 39 new therapies that have been approved by the FDA last year, paving the way for treatments to roll out ahead of scheduled dates this year.
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Tisha Guerrero contributed to this article.