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Pharma Missing Out From Market Access Challenges In China: EU Group

Politicized Environment 'Alarming'

Executive Summary

Slower approvals for foreign drugs, a volume-based procurement scheme and localization requirements caused nearly 80% of respondent European pharma firms to miss out on opportunities in China, where they also continue to decouple from headquarters in a “in China-for-China” strategy, a survey from a prominent EU business group shows.

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