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China's Pharmaceutical Leap

China's Pharmaceutical Leap: A Game Changer or a Warning Sign?

China has made significant strides in pharmaceutical innovation, with domestically produced novel drugs accounting for over 80% of market approvals in the first half of the year.

The government's emphasis on "systemic leap" in quality suggests a concerted effort to reduce reliance on foreign imports and establish the country as a major player in the global biotech industry.

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