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Falling profit margin squeezes drug wholesalers
Published: 2012-06-14 07:00:00
Updated: 2012-06-14 07:00:00
Domestic drug wholesalers are facing ever-decreasing profit margin by domestic and foreign pharmaceutical firms over the last several years, watching their bottom lines being undercut by weakening profit margins.
As a growing number of pharmaceutical firms are moving to curtail the wholesaler’s profit margin, wholesalers vowed Tuesday to voluntarily boycott all of low-profit drugs.
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