China's Pharmaceutical Industry Has Been Growing at 20% on the Average in Production...
China's Pharmaceutical Industry Has Been Growing at 20% on the Average in Production Value over the Past Decade DUBLIN, Ireland--(Business Wire)--Research and Markets (http://www.researchandmarkets.com/reports/c79015) has announced the addition of "China Biopharmaceutical Industry Report, 2007-2008" to their offering The pharmaceutical industry is a sunrise industry, especially biopharmaceuticals, which has just started its large-scale industrialization process. Many large biotech and pharmaceutical companies are strengthening their presence worldwide. Compared with traditional pharmaceutical industry, biopharmaceutical industry sees a higher market concentration, and this is more helpful for strong enterprises to grow stronger and for building a number of leading enterprises in the segment areas. Currently, traditional chemical pharmaceutical makers have also started turning their eyes towards the biopharmaceutical field, and keep themselves busy in establishing much more strategic alliances. China's pharmaceutical industry has been growing at 20% on the average in production value over the past decade, nearly doubling every four years. In Jan-Jul 2007, the accumulated production value of the entire industry reached RMB 342.449 billion, up 23.47% compared to the same period of last year, of which, the production value of bio-pharmaceuticals was RMB 30.229 billion, up 24.37% from a year earlier. China's biopharmaceutical industry could not only produce internationally important biologic drugs, but develop independently new biological drugs. Furthermore, China has achieved great breakthroughs in gene engineering, biopharmaceuticals and clone technology. Despite the rapid growth, there are still serious problems in China's biopharmaceutical industry: -China is weak in the investment, R&D capability and technology innovation; -There are serious repeated construction problems in drug development and production; -Overall, enterprises are small-sized, and with low modernization level and outmoded equipments; -Marketing strategies are unreasonable, mainly in brand development; -Management is outdated and talents capable of both technology and operation fall short; There is not enough exchange and cooperation among enterprises. The biopharmaceutical industry includes four segment markets: gene engineering, bacterin, blood products and diagnostic reagent. After more than a decade of development, these four segment markets find many aggressive private or state-owned biopharmaceutical enterprises through which China is to fulfill its supports to the whole industry. As far as capital market is concerned, as the concept investment bubble fades away, Chinese pharmaceutical enterprises are expected to be gradually accepted by the market with its high growth potentials. Policies have a great influence on China's biopharmaceutical industry, so how much effort China will make to support the industry plays a significant role in its development. In fact, China always keeps a close eye on the biopharmaceutical industry and has frequently issued related policies in the last two years, which is very positive for stimulating the development ofthe biopharmaceutical industry and for regulating industry rules, and also brings energy and opportunities into the biopharmaceutical industry. Based on the study on China's pharmaceutical industry's status quo, competitive pattern, investment and developing trend, this report puts its emphasis on output and the sales situation of main drugs, the impact China's pharmaceutical industry will face as well as strategies enterprises should make. Contents: 1 Operation Status of China Pharmaceutical Industry in 2007 1.1 Overview 1.2 Problems in China pharmaceutical market 1.2.1 Competition in production is rampant 1.2.2 Capability in innovation is poor 1.2.3 Drug quality appears thread-and-thrum 1.2.4 Financing channel is undiversified and investment is in short supply 1.2.5 Drug circulation market is unorderly 1.3 Policies adjustment in China's pharmaceutical industry in 2007 2 Overview of Biopharmaceutical Industry 3 Environments in China Biopharmaceutical Industry 4 Status Quo of China Biopharmaceutical Industry 5 Industrial Systems in China Biopharmaceutical Industry 6 Main biopharmaceutical products 7 Listed Companies 8 Foreign Companies in China Selected Charts For more information visit http://www.researchandmarkets.com/reports/c79015 Research and Markets Laura Wood, Senior Manager Fax: +353 1 4100 980 press@researchandmarkets.com Copyright Business Wire 2008
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