Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Industry / China

Consumer Confidence Eroded Again

December 2007 | Company News Alert

After doing much good work to improve standards, the Chinese pharmaceutical industry has been hit by damaging development that will erode consumer confidence, both domestically and abroad. Over one hundred children are paralysed after receiving contaminated anticancer agents made by local firm Shanghai Hualian Pharmaceutical. BMI believes that this tragedy will result in more severe repercussions than the tainted cough syrup scandal, as the root cause of the failing was manufacturing-based rather than administrative, thereby a more fundamental

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