Caixin
Dec 19, 2022 09:09 PM
BUSINESS

China’s State Drugmakers Scramble to Stock Pharmacy Shelves Amid Run on Covid Medicines

Customers line up in front of a pharmacy to buy medicine on Friday in Beijing. Photo: VCG
Customers line up in front of a pharmacy to buy medicine on Friday in Beijing. Photo: VCG

Some state-owned drugmakers have moved to round-the-clock production and ramped up overseas procurement after the sudden reversal of China’s “zero-Covid” policy cleared pharmacy shelves of fever and cough medicines.

China National Pharmaceutical Group (Sinopharm) (HK.01099) has moved more than 160 of its subsidiaries to a 24-hour production schedule in order to expand output of key medicines to three times normal levels and staff at retail pharmacies it operates are working more than 20 hours a day in some cases, Caixin has learned.

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