Replies to post #178394 on Biotech Values

[bladerunner1717]

linhdtu,

Do you listen to a lot of FOX News? FOX business channel?

Does the evil CP do this to all foreign corporations or just the pharmaceuticals?

If anyone who claims to know anything about the Chinese CP is "either a fool or a liar," then what are you for claiming to know what the CP is doing in relation to "foreign pharmas?"


Bladerunner

[DewDiligence]

Re: Pharmaceutical business in China

It is very unlikely that the [Communist Party] will allow foreign pharmas to make a decent profit in China.

Then why does every Big Pharma have a major presence in China? Actavis (who recently pulled out) is the exception, not the rule.

Tidbit apropos to this discussion: On a CC a few years ago (when Plavix was still on-patent in the EU), SNY’s COO revealed that Plavix had a higher price and a higher profit margin in China than it did in France (#msg-48744056).

#msg-69250780 is a good background read on Lipitor and Plavix sales as branded generics.