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China’s Spreading Sunshine Policy Takes On Bloated Drug Receipts

This article was originally published in PharmAsia News

Executive Summary

Manipulation of China’s “fapiao”, or receipt system, is not new but now the State Council is cracking down on the practice, aiming to bring down inflated drug prices. Meanwhile, several provinces are cutting wholesale layers in a wider campaign to squeeze price inflation out of the commercial pharma segment.

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