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    Home > Medical News > Latest Medical News > Yangzijiang Pharmaceutical was fined 764 million yuan for implementing a monopoly agreement

    Yangzijiang Pharmaceutical was fined 764 million yuan for implementing a monopoly agreement

    • Last Update: 2021-05-10
    • Source: Internet
    • Author: User
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    [Global Network Comprehensive Report] According to the State Administration for Market Regulation, in November 2019, the State Administration for Market Regulation filed an investigation into Yangzijiang Pharmaceutical Group Co.


    According to investigations, from 2015 to 2019, Yangtze River Pharmaceutical Group reached agreements with downstream companies such as drug wholesalers and retail pharmacies by signing cooperation agreements, issuing price adjustment letters, and oral notices across the country (excluding Hong Kong, Macao and Taiwan regions).


    Drug prices are related to the national economy and people’s livelihood, and involve major issues such as reducing the burden on people seeking medical care and enhancing people’s livelihood and welfare.


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