At present, China's pharmaceutical production is among the world's leading, can produce nearly 1,500 kinds of chemical bulk drugs, with a total output of 430,000 tons, of which more than 50% exported, the average annual export value of 2.2 billion U.S. dollars, ranking second in the world, second only to the United States. Pharmaceutical bulk drugs production accounts for about 22% of the world's bulk drugs market share. Chemical bulk drugs has become the pillar of China's pharmaceutical industry, the output value of about 1/3 of the entire world pharmaceutical industry, the average annual growth rate of 11% in the past 10 years.
The main problem of Chinese bulk drugs manufacturers is that production costs are still too high, and profit margins are relatively small. Usually the production costs of bulk drugs of multinational companies accounted for 25% of sales, while Chinese companies are generally in the 50% to 60%.
Some of China's current products have advantages in the international market, such as bulk products, antibiotics / antimicrobial class, because China's antibiotic product range, has a comparative advantage is penicillin, tetracycline, chloramphenicol and other products; vitamin class, China is the world's largest producer and exporter of vitamin products, the largest advantage is vitamin C; second only to vitamin C, the second largest bulk drugs for antipyretic The second largest bulk drugs after vitamin C is antipyretic; citric acid, dexamethasone, because the price is 30% to 40% lower than the international average price in the international market can occupy a certain market share.
With the opening of the pharmaceutical industry to private capital, China's important force in the production of chemical and pharmaceutical bulk drugs, in Taizhou, Zhejiang, Fujian and other coastal areas, a number of chemical bulk drugs manufacturing enterprises with competitive strength is flourishing, becoming a new force in the production of chemical and pharmaceutical bulk drugs in China. Major Chinese large enterprises are also expanding their production scale.
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