China Plans To Speed Up Pharma Consolidation By 2025

Five-Year Specifics Yet To Be Revealed

China's new five-year plan for the pharma sector calls for closer collaboration between large and small domestic pharma companies, not only for products and technologies but also capital. However, it remains to be seen which specific measures government agencies will take to achieve the broad goals.

China five year plan
China looks to build market share of top 100 pharma firms by 2025 • Source: Alamy

China's central government planners have laid out a broad blueprint to drive closer collaboration between large and small pharma companies from the country by 2025, with mergers and acquisitions a major route. But specific implementation measures remain to be released. 

In the 14th Five-Year Plan (2021-25) for Development of the Pharma Industry, released on 30 January, the Ministry of Industry...

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