Initial Release Of Essential Drug List Benefits Companies With Unique Products
This article was originally published in PharmAsia News
Executive Summary
On the recently issued essential drug list, analysts point out that most of the unique products on the catalogue are produced by traditional Chinese medicine companies, while a few are chemical drugs. TCM firms with unique products include Guizhou Tongjitang Pharmaceutical, Yunnan Baiyao Group, Sanjiu Medical and Pharmaceutical, Guangzhou Pharmaceutical Company and Tianjin Zhongxin Pharmaceutical Group. Unique chemical products include fentanyl and a fentanyl patch made by Wuhan Humanwell Hi-tech Industry and Changzhou Siyao Pharm, and Xinhua Pharmaceutical's sodium stibogluconate. Observers believe that national and regional pharmaceutical distributors such as Sinopharm Medicine Holdings and Shanghai Pharmaceutical will also benefit from the reform. Analysts lean toward larger drug companies with flexibility as possible investment choices. (Click here for more - Chinese Language)