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You are here: Industry Insights > patent medicine

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Big Pharma’s off-patent drugs lose out in China’s new price-cutting scheme fiercepharma
December 10, 2018
In a Battle of Waterloo-style defeat, off-patent drugs from big pharma firms lost major markets in China as the government adopted a novel procurement scheme to slash generic drug costs. But after steep price cuts, local firms aren't considered winners, e

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