EconomyChina’s pharma stocks gain favour amid ‘greater’ progress in innovative drugs
Chinese pharmaceutical companies are expanding globally, and analysts say the sector could maintain rapid growth as third-quarter earnings arrive, potentially lifting market sentiment further. Domestic innovative drugs made up 80% of innovative medicines approved in China during the first three quarters, according to the Ministry of Industry and Information Technology.
China’s pharma stocks gain favour amid ‘greater’ progress in innovative drugs
Economy