2017 Preview: Fresh Concerns And New Hopes In China

20 Jan 2017

• By Ying Huang and Brian Yang

If 2016's Year of the Monkey was a period of ups and downs in China, filled with a series of rapid changes in regulations and plans for overseas expansion by domestic pharma companies, 2017's Year of the Rooster is likely to be even more uncertain, industry insiders say.

As China gears up for the major Lunar New Year holidays at the end of January, industry experts in the country predict that 2017 will continue to feel largely similar to a somewhat bumpy 2016, marked by increasing tendering and hospital negotiation pricing pressures, along with shifts in commercial and distribution channels from the broader introduction of a new receipting system.

In its “Opinions on Deepening Healthcare Reform in 2016”, China's central government specified that pilots of the new the "Liangpiao"...

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