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Domestic pharmaceutical industry expected to suffer 30.0 billion damage due to price cutbacks

Published: 2003-08-27 06:59:00
Updated: 2003-08-27 06:59:00
The combined loses suffered by pharmaceutical firms due to the government's price cutbacks of drugs based on the actually-transacted minimum drug price system will reach 30.0 billion (each firm will suffer a loss ranging from 6.0 billion to 1.0 billion) a year, thus aggravating the overall management of domestic pharmaceutical industry.

The ministry expects that with the price cutbacks on a ...

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