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Sluggish sales take toll on small drugmakers

Published: 2011-12-22 06:58:00
Updated: 2011-12-22 06:58:00
A deadly cocktail of poor performance and planned drug price cuts have sent domestic drug firms’ confidence into a tailspin, fanning worries over target sales.

“Overall sentiment of small- and medium-sized pharmaceutical firms has been severely dampened by poor sales,'' sad a pharmaceutical official.

“What we need now is not big and bold measures. We need to save just pennies through aggr...

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