China’s State Drugmakers Scramble to Stock Pharmacy Shelves Amid Run on Covid Medicines - Caixin Global

1 year ago 57

Some state-owned drugmakers person moved to round-the-clock accumulation and ramped up overseas procurement aft the abrupt reversal of China’s “zero-Covid” argumentation cleared pharmacy shelves of fever and cough medicines.

China National Pharmaceutical Group (Sinopharm) (HK.01099) has moved much than 160 of its subsidiaries to a 24-hour accumulation docket successful bid to grow output of cardinal medicines to 3 times mean levels and unit astatine retail pharmacies it operates are moving much than 20 hours a time successful immoderate cases, Caixin has learned.

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