Wednesday, November 23, 2016

Fitch: China Pharma Manufacturers: Healthy Growth as Generics Dominate

(The following statement was released by the rating agency)

SHANGHAI, November 23 (Fitch) Fitch Ratings expects China's

pharmaceutical sales

through hospitals and retail pharmacies to maintain a healthy

growth over the

medium term. This momentum is underpinned by rising medical

demand from an

ageing population; continuing urbanisation; rising disposable

income; broadening

medical insurance coverage; and improving public access to

medical treatment and

facilities.

However, our growth outloo

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