Pessimistic expectations bottomed out, the industry turning point has been since the second half of 2015, the policy of medical insurance control fees, clinical trial verification, and auxiliary drug restrictions have been continuously introduced, and the market is extremely pessimistic about the pharmaceutical industry. The fund's pharmaceutical positions fell for two consecutive quarters, and the pharmaceutical industry's valuation premium rate also reached a stage low. In the second quarter of 2016, with the growth of pharmaceutical industry data and prescription drug terminal sales growth, pessimistic expectations are expected to be repaired, and the configuration of the pharmaceutical sector is coming.
Pushing the consistency evaluation, the wave of innovation rises CRO: With the comprehensive development of consistency evaluation, quality and innovation will become the mainstream, and the CRO industry will usher in the tens of billions of incremental market. The overall service level of the domestic CRO industry is weak, with small scale, low concentration and single service. With the acceleration of mergers and acquisitions in the industry, CRO leading companies that have already occupied market resources are expected to win.
Excipients: China's pharmaceutical excipients market exceeds 30 billion. Due to weak supervision and scattered patterns, the industry concentration is low. Under the relevant review and evaluation policy environment, pharmaceutical companies will be more cautious in the choice of excipient enterprises, and the excipient enterprises with rich varieties, strong R&D strength and unique varieties will have stronger competitive advantages.
Pharmaceutical companies: Consistency evaluation provides preferential policies for pharmaceutical exporters, and high-quality generic companies will benefit.
The grading diagnosis and treatment has reached the end, and the transformation is about to come to the grading diagnosis and treatment as the basic system design of the entire medical system. It is the most important for medical reform. The grading diagnosis and treatment policies are frequent and the assessment indicators are strict. It is expected to open the tera-billion base market. Due to the extremely complicated domestic medical system, the graded diagnosis and treatment system is expected to grow in line with the path of “pre-medication and innovationâ€. Among them, doctors' groups, third-party inspection centers and other industries are expected to take the lead, and the innovative models such as Internet grading diagnosis and treatment, grading diagnosis and treatment in private hospital systems, and network hospitals are expected to break. The grassroots market for chronic diseases such as diabetes and high blood pressure is also expected to gradually open.
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