ChinaBio Today: Cancer Drug Market in China Was $3.6 Billion in 2007

ChinaBio Today -- The market for cancer drugs in China grew 22% in 2007, totaling 25.5 billion RMB ($3.6 billion). In 2006, the total outlay for cancer drugs increased by “only” 11%, in part because of a government crackdown on bribery in the supply chain. The compound annual growth rate for cancer drugs in 2003-5 was also 22%. Cancer was the leading cause of death in both urban and rural areas.

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