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          Revision of the pharmaceutical industry is expensive: institutional defects restrict the innovation of pharmaceutical companies

          Time: 2011-04-28 Source: financial website Author: reprint

          The 10th Annual China Summit, hosted by Contemporary Manager Magazine, was held in the Shangri-La Hotel, Beijing on the morning of November 25, 2007. Xiu Gui, Chairman of Amend Pharmaceutical Group, said that China does not lack innovation but innovation Due to the constraints of the system, marketization is not yet possible, and this issue must be resolved as soon as possible.


          Xiu Guigui believes that the current rapid growth of China's economy and the rapid development of enterprises will continue for a long time. In the process, we must grasp the "degree" of development acceleration. Too fast and too slow will adversely affect the economy. He said that the Party Central Committee and the State Council have seen a trend of continuous growth and proposed to grow well and quickly. The market is very powerful. "It is the market that dominates the business, but it is the government that manages the market. How the government manages it and how to design it in layers so that the system can be quickly accepted by entrepreneurs and it can create effects is very important. Therefore, China does not lack innovation. The power of innovation is unmatched by anyone. However, there are still flaws in the system. Our innovation cannot be market-oriented due to institutional factors.


          When talking about manufacturing in China, Xiu Guigui said that the process from manufacturing to creation must go, but we have gone a little longer. "Because there are technical barriers, foreign companies have blocked our technology, and core and key technologies cannot be bought with money, so we can only rely on our own innovation. Therefore, no matter how much funding we give to our scientific research forces, we must fully innovate. First of all, our amendment is a pharmaceutical company. We have a technology center and an engineering center. It does n’t matter how much money the government gives each year. The key is that our results cannot be converted. Our products are on the market, which can neither allow you to advertise nor allow You do propaganda, so it's very difficult. "

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