The central government has implemented policies over the past two years to reduce the number of layers of drug distributors to slash medicine costs and improve quality assurance of consumer products. Photo: Bloomberg The central government has implemented policies over the past two years to reduce the number of layers of drug distributors to slash medicine costs and improve quality assurance of consumer products. Photo: Bloomberg
The central government has implemented policies over the past two years to reduce the number of layers of drug distributors to slash medicine costs and improve quality assurance of consumer products. Photo: Bloomberg
Pharmaceuticals

Pharma deal could prove among sector’s biggest consolidations yet

CR Pharma agrees to take controlling stake in state-owned rival Jiangzhong, as China seeks to slash medicine costs and improve quality assurance

Topic |   Pharmaceuticals
The central government has implemented policies over the past two years to reduce the number of layers of drug distributors to slash medicine costs and improve quality assurance of consumer products. Photo: Bloomberg The central government has implemented policies over the past two years to reduce the number of layers of drug distributors to slash medicine costs and improve quality assurance of consumer products. Photo: Bloomberg
The central government has implemented policies over the past two years to reduce the number of layers of drug distributors to slash medicine costs and improve quality assurance of consumer products. Photo: Bloomberg
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