Drug Factories Ordered to Clean Up (China)
This article was originally published in PharmAsia News
Executive Summary
Up until now, intense market rivalry has kept environmental concerns from becoming a priority for the Chinese pharmaceutical industry. But according to the country's environmental protection officials, that is all about to change. On Sept. 5 representatives for the State Environmental Protection Administration announced that over half of the country's pharmaceutical companies are in danger of being closed due to excessive pollution. Since July, China's environmental protection agency has been specifically targeting drug companies as part of an effort to reduce pollution in the country's rivers. Of the list of 6,066 environmentally destructive companies identified, 117 were drug makers. Now these companies must clean up their act or join the 649 businesses that have already been shut down. (Click here for more