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Punishments too lenient to prevent medicine monopolies raising prices

China Daily | Updated: 2017-08-11 08:24

THE AUTHORITIES will soon publish a price guide for short-of-supply medicines and bulk pharmaceutical chemicals and they are seeking opinions from the public. Legal Daily comments:

The guide, if well implemented, can curb the price of medicines from rising when they are in short supply, which has been a long-term problem given the monopoly supply of some pharmaceutical drugs.

The price supervision departments have investigated dozens of cases of monopolistic pharmaceutical companies fixing medicine prices since 2011.

Punishments too lenient to prevent medicine monopolies raising prices

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