China to adopt 'American Big Pharma model' within five years, report predicts

2 July 2016

A rapidly growing biotechnology industry in China could see the country discovering and developing its own new chemical entities (NCEs) within the next five years, a report has said.

The CPhI Pharma Insights report, released yesterday at CPhI China , builds upon research collected from 223 international and 71 domestic companies in the pharmaceutical industry.

It states that entry into the Chinese market is a high priority for foreign firms wanting to benefit from this major growth period.

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