China’s Antibiotic API Prices Soar
This article was originally published in PharmAsia News
Executive Summary
The price of the antibiotic azithromycin in China has increased from RMB 850 to RMB 900 per kilogram, following the example of its penicillin counterparts in early February.
The price of the antibiotic azithromycin in China has increased from RMB 850 to RMB 900 per kilogram, following the example of its penicillin counterparts in early February. The gain is caused by the recent stable price of competitor erythromycin and the skyrocketing demand for generics because of the upcoming drug patent expirations. A securities firm researcher predicted the prices of penicillin will rise even further. An industry insider projected that the clinical use of antibiotics would continue to decrease and that downscale antibiotics are more likely to regain popularity due to their low-level drug resistance. (Click Here For More - Chinese Language
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“Antibiotic API Prices Robustly High; Downscale Products To Be Popular Again”- finance.qq.com (2/29/2012)