Chinese OTC drugs market

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Billion dollar opportunity for Indian OTC drugs in China

Billion dollar opportunity for Indian OTC drugs in China

May 17, 2024/
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The Chinese OTC drugs market presents a lucrative billion-dollar opportunity for Indian pharmaceutical companies. In 2019, China’s National Medical Products Administration launched a trial program to introduce over-the-counter (OTC) products through bonded warehouses in CBEC (Cross-Border eCommerce) Free Trade Zones. This initiative, now expanded to multiple regions, enables the sale...

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