Article: Drugstores must adjust to a more competitive market - insiders.

Drugstores must adjust to a more competitive market - insiders

By Karl Zhong Shanghai. November 5. INTERFAX-CHINA - It is imperative that Chinese drugstores reevaluate their product and business strategies now that grassroots medical institutions will soon sell essential drugs at zero cost-plus markup, business insiders said at a seminar in Shanghai on Nov. 4.

"Drugstores should not rely on essential drug sales for profits and consider concentrating sales on drugs which are not listed on the essential drug schedule," said He Jun, deputy general manger of Shanghai Leiyunshang Pharmaceutical Co. Ltd.'s marketing center, at the Third China Pharmaceutical ...

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