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    Gaining Market Access in China: The Complex Process of Drug Listing, Bidding, Pricing and Reimbursement

    he Chinese pharmaceutical market was worth an estimated $75 billion (US) in 2013. The market grew 20% year after year during the past decade and is projected to continue expanding at the rate of 17.5% per year through 2020. Currently the third largest pharmaceutical market worldwide, China is expected to overtake Japan and move into second place within six years. After a pharmaceutical product has received China Food and Drug Administration (CFDA) approval, anothe...