The Traderszone Network

Published in TZ Latest News 24 May, 2014 by The TZ Newswire Staff

A bitter pill as China crackdowns squeeze pharma margins

A crackdown on corruption and pricing in China’s fast-growing pharmaceutical market has squeezed profits and margins, raising a red flag to global Big Pharma that the days of easy growth in the country may be over. A Reuters’ analysis of more than 60 listed Chinese healthcare firms shows average profit margins declined to around 10 percent last year from 15 percent in 2012. China has been a magnet for the big global pharmaceutical companies and other healthcare firms as growth slows in Europe and the United States.

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