Kathy Yu on China's pharma industry
At the BioPharma Asia Convention 2015, Dr Kathy Yu, Senior Director, Business Development and Strategy, Merck Serono gave us some insights on China's pharma industry.
We asked him some key questions:
What makes China a market so hard to ignore (despite all the barriers: cost containment, different drug development timelines, etc)?
China continues to grow as a key market for the Pharma industry. What changes are the government making to encourage not only global pharmas to enter China but also domestic pharmas to venture to the global market?
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