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(Medical-NewsWire.com, August 25, 2016 ) Simcere is China’s first and world’s second manufacturer of edaravone injection. Its new product “Bi Cun” is priced at 1/33 of the price of similar products in Japan. In 2007, “Bi Cun” spread over China with a market share of 74.62%. According to CRI’s statistics, edaravone develops fast after entering China, annual sales value rising from less than CNY 50 million in 2005 to CNY 629 million in 2014 and CAGR reaching up to 34.3% during the period of 2005-2015. Currently, local manufacturers of edaravone are as follows: Simcere, Jilin Boda Pharmaceutical Co., Ltd, Jilin Province Huinan Changlong Biopharmacy Co., Ltd and Kunming Jida Pharmaceutical Co., Ltd, among which Simcere has the largest market share of 39% with sales value reaching up to CNY 246 million in 2014.
With the ageing population, the incidence of acute cerebral infarction in China will keep increasing, thus promoting the growth of edaravone market.
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Readers can get at least the following information from this report:
-market size of edaravone in China
-market share of manufacturers of edaravone in China
-price of edaravone in Chinese market
-major manufacturers of edaravone in Chinese market
-market outlook of edaravone in China
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The author suggests the following groups of people purchase this report:
-manufacturers of cerebrovascular drugs
-investors/ research institutions interested in Chinese medicine market
-any interest in the Chinese medicine market, please contact CRI for customized survey service
Browse full report with TOC : https://marketreportscenter.com/reports/133385/investigation-report-on-china-edaravone-market-2010-2019
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Sam Collins
Market Reports Center
Call us : 1-646-883-3044 (US)
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Market Reports Center
Sam Collins
1-646-883-3044
sam@marketreportscenter.com
Source: EmailWire.Com 
Source: EmailWire.com
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