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Multinational drug firms to face growing calls to hike wholesalers’ margin
Published: 2013-10-02 06:59:00
Updated: 2013-10-02 06:59:00
Local wholesalers recently stepped up pressure on multinational drug manufacturers to increase their profit margins up to at least 8.8 percent, calling for mutual co-existence.
In a statement delivered to foreign-invested drug firms last Friday, wholesalers insist the current margin rate are lower than the break-even point of 8.8 percent, but most of foreign drug makers refused to accept who...
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