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Expansion Into China's Lower-tier Cities Could Be Growth Driver For Big Pharma

This article was originally published in PharmAsia News

Executive Summary

SHANGHAI - China's pharma market is expected to continue to grow in the next five years with a CAGR of 23.2%, which will be backed largely by the expansion of community health centers across tier 2 and tier 3 cities, according to a report issued by consultancy IMS Health

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