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China pharma must swallow that jagged little pill called R&D as government slashes profit margins of generic drugs

Beijing wants cheaper, better drugs. That’s pressuring drug makers to innovate as generics become more competitive. ....

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Can cheaper drugs help home-grown labs turn the table on foreign Big Pharma in China's cancer treatment market?

Research and development costs run up against a ceiling over treatment prices, a very pertinent concern in China, where the government is anxious to keep health care affordable, in keeping with its socialist principle of governance ....

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