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Article: RETAIL PRICE OF MEDICINES IN CHINA REMAIN STABLE IN FIRST HALF.
- Article from:
- AsiaPulse News
- Article date:
- July 26, 2005
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BEIJING, July 26 Asia Pulse - The retail price of medicines in China remained stable in the first six months of this year, despite hikes in energy and raw material prices, according to a report released by the State Development and Reform Commission (SDRC), the government organ in charge of pricing.
This implies that the pharmaceutical industry has successfully absorbed the cost pressures.
Based on data monitored by SDRC in February, April and June, the real retail price of medicines nationwide in the three periods all equaled that of the last period. In a breakdown, the retail price of chemical medicines kept unchanged in the first two periods and ...