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