Drug makers keen on innovative pharmaceutical firms

Published: 2012-04-20 07:00:00

Updated: 2012-04-20 07:00:00

Local drug firms have been vying to be designated as innovative firms as the government pledged to select 50 companies as “innovative pharmaceutical firms,” subject to tax deduction, price raises, financial aid, research and development support and among other benefits.

“Many companies are keenly interested in the certification of such innovative pharmaceutical firms as they think it is more...

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