High-value deals make Chinese oncology market a good place to be
The Asia-Pacific (APAC) pharmaceutical strategic partnership landscape in 2020 was dominated by high-value deals, with Chinese oncology a particularly lucrative space, according to research from GlobalData.
Sasmitha Sahu, pharma analyst at GlobalData, said that China tackled the COVID-19 pandemic effectively, allowing the country to restart economic activities quickly compared to other countries in the region.
Ms Sahu said: “In addition, fast-tracking clinical trials, updating the National Reimbursement Drug List (NRDL), the Healthy China 2030 policy and growing demand for high quality treatment are all driving the domestic oncology market.”
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