The demand for health care and pharma services in China has always been quite high. The pharmaceutical market in China has grown to emerge as the second largest in the world. This growth has resulted due to the innovations in this industry, a significant rise in its global profile and ongoing as well as proposed structural change. This has naturally created a huge demand for life sciences professionals, which, the top headhunting firms in China, are trying their best to fulfil.
Understanding The Structure Of China Pharma Industry
The pharma industry in China was not very well organized until only a few years back. The primary objective of these manufacturers and distributers is to cheap, generic medications which provide them a huge profit margin. They lack the inclination to invest funds in innovation and R&D, with less than 5% of the sales being directed to R&D, which is mostly carried out in the field of generics.
