E-commerce in pharmaceuticals likely to increase, change industry
By Cai Xiao and Zhu Wenqian | China Daily | Updated: 2014-05-30 06:59
E-commerce in pharmaceuticals will accelerate soon and become an important distribution channel for the sector as it develops, experts said.
As "conditions of the sector mature, we believe e-commerce is likely to become the next major theme of pharmaceutical distribution and may have a profound impact on the entire pharmaceutical industry chain," Ji Xuwo, a Beijing-based healthcare analyst at UBS Securities, said.
The State Food and Drug Administration said in a statement on Wednesday that online drug operators can sell drugs by prescription.
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