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Chi-Med Extends Oncology Commercial Reach To Realize China Potential

Sales Force Grows Nearly 10-Fold

 
• By Brian Yang

Chi-Med has revised its commercial rights agreement in China for Elunate (fruquintinib) with Lilly to seize China’s rapid growth trajectory, CEO Christian Hogg tells Scrip.

China flag with arrow graph going up showing strong economy and shares rise. Profit and success. Isolated vector illustration.
CHIMED EXPANDS COMMERCIAL ACTIVITIES IN CHINA TO DRIVE GROWTH FOR CANCER DRUG • Source: Shutterstock

In recent years, China has been at the forefront of oncology development in some areas, given its increasingly aging society and changing lifestyles, coupled with a large population of smokers. The government has been expanding access to newer therapies via insurance coverage and national reimbursement negotiations.

Eager to capture the rapid expansion in market scale as a result of the reimbursement coverage, Hutchison China MediTech Limited (Chi-Med) has grown its commercial team nearly 10-fold, expanding activities for

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Celltrion Sees Multiple Biosimilar Opportunities From Trump’s Pricing EO

 
• By Jung Won Shin

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