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Sanjiu Medical & Pharmaceutical’s Net Profits For 2008 Increased By Almost 80 Percent

This article was originally published in PharmAsia News

Executive Summary

In an earnings report for 2008, Sanjiu Medical & Pharmaceutical stated the company's net profits reached RMB 500 million last year, up by 77 percent year-over-year. Sanjiu also predicted that China's healthcare reforms will result in fiercer competition in the OTC sector, so the company plans to explore the medical end-user sector and to expand into markets below the county level. At the same time, the firm is preparing dermatology and cold products for new launches. (Click here for more - Chinese Language)
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