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Despite Inclusion Of Generics On China's Essential Drug List, Simcere's Leadership Will Keep Focus On Innovative Drugs

This article was originally published in PharmAsia News

Executive Summary

BEIJING - While partly attributing an earnings slide, and a dip in sales of its top-selling biopharmaceutical, to the worldwide economic crisis, the leadership of Simcere Pharmaceutical also ruled out the possibility that the inclusion of a wide range of the company's products on China's new Essential Drug List could help trigger a rapid rebound

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