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China Finds Illegitimate Invoices In 11,000 Pharma

This article was originally published in PharmAsia News

Executive Summary

In a joint nine-month countrywide investigation involving nearly 7,600 health institutes and some 30,000 pharma organizations, Chinese authorities have discovered 35.2 illegal invoices in around 11,000 institutes and ordered fines and taxes repayments totaling RMB 2.52 billion ($408 million).

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