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China to Continue Cutting Medicine Prices.


DUBLIN Dublin, city, Republic of Ireland
Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River.
, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c72177) has announced the addition of Political Influence Study of China Medical Industry, 2007 to their offering.

China started the cut down the medicine price dramatically for the 21st time in Jan, 2007, and the management board also stated that it will continue to squeeze medicine prices. China will continue to cut down the medicine price and strike the commercial bribery Noun 1. commercial bribery - bribery of a purchasing agent in order to induce the agent to enter into a transaction
bribery, graft - the practice of offering something (usually money) in order to gain an illicit advantage
 in 2007.

Compared to the developed countries, OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 in China is still in the preliminary period of development, and the market has large potential. It is believed that medicine classification management will push the rapid development of OTC market Noun 1. OTC market - a stock exchange where securities transactions are made via telephone and computer rather than on the floor of an exchange
over-the-counter market
.

Reform of Hospital, Medical Insurance and Medicine Circulation improved the medicine concentration, the policy-orientated state medicine circulation system will drive the rapid improvement of the medicine circulation market concentration in China, and the trend cannot be reversed. Facing the industry reshuffle re·shuf·fle  
tr.v. re·shuf·fled, re·shuf·fling, re·shuf·fles
1. To shuffle again: reshuffle cards.

2.
, the large-scale medicine business will receive the benefit from it at first.
1 Development trend of medicine industry
2 Cut down medicine price and strike the business bribery
3 Medicine classification management
4 Medicine business is benefit from the "Three Reforms"
5 Guangdong Online Bidding Mode


For more information visit http://www.researchandmarkets.com/reports/c72177
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Publication:Business Wire
Date:Oct 23, 2007
Words:207
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