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Pharma Firms

China Watchdog Fines Two Pharma Firms
 |  May 30, 2023

According to Reuters, two pharmaceutical companies were fined by China’s market regulator for engaging in monopolistic behavior. Grand Pharmaceutical was fined 136 million yuan ($19.68 million) and had 149 million yuan of “illegal revenue” confiscated for engaging in a monopolistic agreement with Wuhan Healthcare Pharmaceuticals. Related: UK: CMA accuses pharma firms of market allocation Wuhan […]

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