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FOR IMMEDIATE RELEASE
New Study on the Challenges and Opportunities of China's Pharmaceutical Industry
Supply Chain
(TEMPE, Arizona) August 9, 2010 — CAPS Research has released a new focus study
that closely examines the pharmaceutical supply chain in China and offers insights
into some of its unique characteristics. The study focuses on a wide range of topics
that address the potential challenges and opportunities for the pharmaceutical supply
chain's distribution networks and information systems, to the impacts of new Chinese
healthcare reform plans.
The authors point out that China is becoming one of the largest pharmaceutical markets
in the world. The authors also note that the while the pharmaceutical industry is
experiencing explosive growth, the supply chains remain complex and inefficient.
Problems include lack of nationwide, large-scale distribution networks; industry
fragmentation and too many small pharmaceutical manufacturers; lack supply chain
integration; poor IT systems, and irregular activities. It is expected that the
new healthcare reform plan announced last year will offer both opportunities and
challenges, and will have a tremendous impact throughout China's pharmaceutical
supply chain.
The focus study, authored by JianQiang Hu, Ph.D., and Yue Dai, Ph.D., Fudan University;
and Kevin Gu, Ph.D., Jointown Pharmaceutical Group Co., is based on visits and interviews
with 18 Chinese pharmaceutical companies. The interviews focused on production,
quality control, research and development, outsourcing, exportation, the foreign
investment environment, and the new healthcare reform plan in China.
For more information on this focus study contact CAPS Research at
research@capsresearch.org.
End
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Pharmaceutical Supply Chain in China: Challenges and Opportunities
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CAPS Research is a nonprofit research organization founded in 1986 to provide leading
research to our strategic-minded corporate sponsors and to the public. Our mission
is to work in partnership with a global network of executives and academics for
the discovery and dissemination of strategic supply management knowledge and best
practices. CAPS Research is jointly sponsored by the W. P. Carey School of Business
at Arizona State University, the Institute for Supply Management™, and Global
1000/Fortune 500-size organizations.
Media Contact:
Debbie Maciejewski
Marketing Manager
CAPS Research
800-888-6276 extension 3046
Email:
dmaciejewski@capsresearch.org
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