Pharma Execs: China Slowly Returning To Growth But Uncertainty Remains

MNC Q4 Highlights

Just how dynamic is the China market for multinationals? AstraZeneca is seeing growth returning while Pfizer is finding it challenging to estimate Paxlovid demand, Sanofi is encouraged by volume gains and GSK is predicting a "sizeable" rebound. Top executives from Novartis and Roche also shed light on other challenges facing global pharma firms in the world's second-largest pharma market as they reported annual results.

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MNCs see China growth returning but COVID impact lingers • Source: Shutterstock

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