Multinationals Eye Divesting Established Products In China Amid Fierce Competition, Shifting Focus

 
• By Brian Yang

Farewell established products, hello innovative new drugs! As pricing pressures mount, more multinational companies including Lilly and Roche are switching their business focus in China, looking at product divestments and partnering with local firms.

Two businessmen shaking hands during a meeting in the office, success, dealing, greeting & business partner concepts - soft light.
Multinationals in China divest established products to focus on innovative new products • Source: Shutterstock

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