Pharmacies To Cut Drug Prices For Expanding Chinese Rural Drug Market
This article was originally published in PharmAsia News
Executive Summary
Under the Chinese government's plans for establishing a social health insurance system covering both rural and urban areas, the pharmaceutical industry in China is focusing on rural drug market
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Under the Chinese government's plans for establishing a social health insurance system covering both rural and urban areas, the pharmaceutical industry in China is focusing on rural drug market. However, a recent survey found that the reform may have an adverse effect on some rural pharmacies. For example, in Jiangsu Province, a pharmacy chain company has seen profit drop of 3-5% since the end of last year. Another pharmacy chain company plans to counter the county hospital reform by providing drugs not covered by the essential drug lists. The survey also found that 90% of the rural pharmacies across China are still making profits. (Click Here For More - Chinese Language) "Survey Finds Rural Pharmacies Facing "Transition" Difficulty"- yyws.sdnews.com.cn (4/2/2011) |