Generic drugs from India set to shake up market
By Zheng Yiran | China Daily | Updated: 2019-01-29 07:28
Since her mother in-law was diagnosed with cervical cancer, Wang Yan and her husband have faced two heavy burdens: worry for their mother's health, and the 40,000 yuan ($6,000) bill each month for medicine.
However, relief may be on the way.
India is negotiating with the Chinese government about importing generic drugs from India, whose prices are far lower than the equivalent branded ones. According to one official, India is eager to see cheaper drugs on Chinese pharmacies' shelves as soon as possible.
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