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Drug wholesalers groaning under insolvent risk of pharmacies near hospitals

Published: 2004-02-12 06:58:00
Updated: 2004-02-12 06:58:00
The recent bankruptcy of a large pharmacy neighboring at hospital, which has rumored last December, is pressing many domestic drug wholesalers to suspend their business or declare insolvency.

Market sources said that some wholesalers that were unable to cope with the bankruptcy in advance have had a serious blow to their management.

The current situation is raising fears of a mass bankrup...

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