The development and growth of China's pharmaceutical industry has eliminated some risks and solved some difficulties, and some risks and difficulties still require time and resources to overcome. When the existing difficulties and risks have not been fully resolved, some new difficulties and risks have arisen. This is an endless process.
The national pharmaceutical industry policy and regulatory policy are in a period of standardization and adjustment. Quite a number of policies, laws, regulations and standards are issued every year. Each adjustment is an adjustment of the interest pattern, which will benefit some companies but not others. There are even risks. Therefore, pharmaceutical companies should pay close attention to these changes, determine the direction of policies and laws, and adjust the industrial direction and internal resources in a timely manner.
Economic slowdown
As labor costs rise, the level of urban-rural integration approaches, and the degree of marketization increases, China's economic growth momentum will weaken and the growth rate will fall back. The result for the pharmaceutical industry is slow growth and a corresponding reduction in profitability This is a hurdle for an enterprise that has a low operating level.
Collectivization
Risks of internal integration ability, integration ability and first-line market reaction ability of group enterprises. At present, many of the billions of companies in China are realized through mergers and acquisitions or dual-drive of endogenous mergers and acquisitions, but the realization of grouping is not equal to integration. The ability of this kind of business, process level, cross-cultural integration ability, decision-making ability to respond to the first-line market will all be tested.
R & D and product design capabilities
In pharmaceutical R & D and product design, not investing or investing less will determine whether the company has a future, but more investment will reduce the current cash flow and profitability. This requires the company to structurally, profitably and other operations. Links to improve profitability is also a very big test.
Manufacturing level
We have always envied the scale of multinational giants and the ability to control globalization, which is closely related to their long-term training capabilities and resources. If we want to create the same influence and the same scale as multinational giants, it is necessary to improve the level of pharmaceutical manufacturing.
Although there are not many successful examples of going international, Chinese pharmaceutical companies have never stopped their efforts to explore the international market. The reason why multinational pharmaceutical giants have such high R & D investment is related to the market coverage that they dominate. Only in this way can large-scale markets breed "heavy bomb" products and large-scale enterprises can be born.
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