WiCON to Hold Pharma China Annual Forum 2019 in Shanghai on April 9

Beijing, China, January 30, 2019 --(PR.com)-- WiCON International Group LLC, the publisher of
well-known WiCON | Pharma China (www.pharmachinaonline.com), announced that it will host the
“Pharma China Annual Forum 2019” in Shanghai on April 9. Sponsored by RDPAC and Kantar Health,
the well-acclaimed English language event has been held annually since 2009 and is set up as a
closed-door symposium of MNC pharma executives. It is now open for registration and seats are limited
to 60. Priorities will be given to WiCON|Pharma China subscribers and executives of RDPAC member
companies.

Please visit the following web link for event brochure, registration form and sponsorship opportunities:
http://www.pharmachinaonline.com/html/2019-1/12820191111551.shtml

Each year there are more uncertainties surrounding China healthcare and 2019 is no exception. Despite
some positive developments on the front of Chinese drug registration regime, which has substantially
accelerated its evaluation and approval of innovative new drugs, the pharmaceutical industry in China is
faced with another overhaul of its business model, fast changing marketplace and repeated assaults of its
bottom-lines following establishment of the State Medical Insurance Administration (SMIA),
introduction of national level volume-linked centralized drug purchase tender trial, and advancement of
the generic quality and clinical equivalence (GQCE) program which aims to replace off-patent MNC
originator drugs with local GQCE products.

While the Chinese pharmaceutical manufacturing industry saw its operating revenues grow by 13.5%
(above average of 9.4% for all industries in China) to CNY 20,181 billion in the first ten months of 2018,
the industry's profits rose only 10.4% (below average of 13.6% for all Chinese industries) to CNY 255
billion in the period, according to official data from the National Statistics Bureau.

Structural issues with the Chinese healthcare system continued to haunt the pharmaceutical industry in
2018. Notwithstanding the touted pharma industry ambitions of the Chinese government, slogans are
nothing but pies in the sky when it comes to paying for better medicines. The healthcare reform has long
been hijacked by cost containment and gone astray from the pledged path of improving efficiency and
fixing structural flaws. The crashing course of reform is deeply rooted in the growing contradictions
between wishful goals and healthcare financial reality, as well as among different government policies
and their pursuits.

With tax and other revenues drying up and under increasing threat of BMI system deficit amid a looming
Chinese economic downturn, local governments are pressured by both the central government and the
public to do more for healthcare with less financial resources. As local governments assaulted the pharma
industry above the table with wave after wave of cost containment measures, public hospitals also
squeezed drug companies under the table for funds through a variety of schemes. Shortage of low cost but
clinically essential medicines has become widespread, forcing the central government to step in and often
intervene administratively.

Page 1/4
PR.com Press Release Distribution Terms of Use
Despite challenges, 2018 turned out to be a triumphant time for MNCs. A number of pharma MNCs
witnessed unexpected high growth last year ahead of the flood of local GQCE products. Despite naive
overjoys of some, such inadvertent victories are not expected to last in 2019.

The Chinese economy and the reform of its healthcare system are once again in deep water of what's
become of a “lost river.” Pharma companies, local or foreign, must make dynamic changes to remain
competitive and survive with the turbulent market.

The Pharma China Annual Forum 2019 is an English language annual pharma industry event oriented for
foreign drug companies in China. It is organized by WiCON International Group LLC, the publisher of
WiCON|Pharma China, and sponsored by RDPAC and Kantar Health. The event's emphasis is on
healthcare policies, drug regulations, market access and strategic issues as well as potential impacts of
latest and upcoming policy changes on the Chinese pharma industry. In addition, contemporary trends of
M&As, R&D and licensing, IPR, business hotspots and e-commerce, as well as future market outlook
will be explored and discussed.

14 leading experts will share their knowledge, insights and expertise at the event, including an interactive
panel discussion with top experts and selected speakers.

Please visit the following web link for event brochure, registration form and sponsorship opportunities:
http://www.pharmachinaonline.com/html/2019-1/12820191111551.shtml

More information and questions are available from the following contacts. Spaces are limited to 60
participants and priority is given to WiCON|Pharma China subscribers. Please contact:

David Xue Tel: +86 18601267831 Email: dxue@pharmaguys.com

Jenny Wang Tel: +86 10 8447-6010 Email: jenny.wang@pharmachinaonline.com

Fees (covering attendance, lunch and refreshments)

CNY 6,400 ($930) - Pharma China subscribers and employees of RDPAC member companies
CNY 6,800 ($980) - All other non-subscribers of Pharma China
Sponsorship opportunities

WiCON International Group LLC is the publisher of WiCON | Pharma China, the most trusted English
media and source of business intelligence covering the Chinese pharmaceutical / biopharmaceutical
sector.

WiCON | Pharma China (www.pharmachinaonline.com) caters for the growing needs of the global
pharma industry for up-to-date and insightful intelligence on China's burgeoning but increasingly
complex healthcare marketplace. It is subscribed by most MNCs, leading CROs, investment banks,
consulting firms and industry associations.

Page 2/4
PR.com Press Release Distribution Terms of Use
WiCON | Pharma China (www.pharmachinaonline.com) publishes the following products:

- Pharma China Journal Edition (monthly in PDF and Print)

- Pharma China Web Edition (continuously-updated news and commentaries)
- China Pharmaceutical Guide (latest edition - published annually in August)

Please contact us if you are interested in subscribing to one of our publications or visit
www.pharmachinaonline.com for more information.

Tel: +86 10 84476010, +1 609-903-8881

Fax: +1 801-751-5728
Email: info@pharmachinaonline.com

Page 3/4
PR.com Press Release Distribution Terms of Use
Contact Information:
Wicon International Group LLC
James Shen
+86 10 84476010/+1-609-903-8881
Contact via Email
www.pharmachinaonline.com
Fax: +1-801-751-5728

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/775629

News Image:

Page 4/4
PR.com Press Release Distribution Terms of Use