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Storm Coming? Commercial Compliance Crackdown Shocks China Pharma Industry

Toughest Moves Yet

 
• By Brian Yang

In a new wave of crackdowns on compliance in the pharma sector in China, 10 medical meetings have been cancelled in short order, while sector-wide stock prices have plunged and 100 hospital officials placed under investigation, shocking the industry.

Close up of businessman hand giving money, Russian banknotes, to his partner on the table - loan, bribery and corruption concepts
China launches latest and possible toughest crackdown on pharma commercial compliance • Source: Shutterstock

In China's latest crackdown on irregular practices in the pharma sector, not only company-organized meetings but physicians' conferences run by professional medical associations are being cancelled one after another.

While major cities such as Hangzhou and Chengdu cited "security concerns" due to international sports events as among the official reasons,

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