ChinaBio(R) LLC Release: China's Pharma Market to Reach $310 Billion in Revenues by 2020
by Richard Daverman, PhD
October 22, 2013 -- China’s pharmaceutical market will continue to grow at a 17% annual rate from now until 2020, according to analysts. That’s a strong number, even though it is a slowdown from the 21% annual increases over the past five years. In 2012, China booked $98.4 billion in pharmaceutical revenues. By 2020, the market will more than triple, reaching $310 billion. More details....
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