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Big pharma's China dream meets reality of price-cutting campaign

Govt-run health insurance funds facing tight budgets are capping payments to patients

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The world's largest pharmaceutical companies are facing a roadblock in China as a state-led campaign to slash drug prices has triggered a slowdown in sales growth.

Beijing

THE world's largest pharmaceutical companies are facing a roadblock in China as a state-led campaign to slash drug prices has triggered a slowdown in sales growth.

One of the biggest problems: China's government-run health insurance funds, which are struggling to keep up

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