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The Wild West of the Chinese Drug Market

April 27th, 2009 · No Comments

American drug and supplement exporters should read this Reuters article published here in the The Peninsula of Qatar.  As the writer points out, the pharma market in China is poorly regulated but flush with products making unsubstantiated claims.  Chinese consumers don’t trust Chinese medicines as a result and are turning to foreign imports which they trust more.

What the article doesn’t mention is that many of the “foreign” medicine brands are being counterfeited in China and as more problems arise with fakes that are packaged as if they were from famous foreign companies Chinese consumers are growing wary of purchasing the real imports also.

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