- December: Significant adjustments in essential medicine policy, scaled and intensive management are the leading directions for the pharmaceutical industry
"Top 20 sales enterprises should take more than 80% of the market share on the national essential drug list." This was formally written and signed by three government departments*. If this statement was actually implemented, "Designated Production" would lead essential drug industries to a large-scale intensive development.
Additionally, it is also stated that "Sales Revenue of Top 100 pharmaceutical companies should account for more than 50% (currently 40%) share of the entire industry in the next 5 years." There will be more M&A opportunities in the industry because of the 10% increase helped by the government.*3 departments: Ministry of Industry and Information Technology, Ministry of Health, State Food and Drug Administration.
China Medical News
2012
