ChinaBio(R) LLC Release Revenue From China’s Drug Distributors Hits $181 Billion in 2012
Published: Jun 03, 2013
by Richard Daverman, PhD
May 31, 2013 -- Revenues from the distributors of China's pharmaceuticals topped the one trillion RMB level for the first time in 2012, hitting 1.12 trillion RMB ($181.2 billion) in all. The total represented an increase of 18.5% over the previous year, which was down slightly from the 23% rate of growth in 2011. The results were reported by China’s Ministry of Commerce. More details....