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City mulls e-platform for medicine trade
11/6/2004 18:28


Shanghai plans to set up a national electronic business center for medicines in three to five years to facilitate the drug trade, as briefed at yesterday's seminar to push medical e-business.
Once the center is built up, medical institutes and drug manufacturers across the nation will find it more convenient to make deals, while government will make it easier to monitor the drug market and give appropriate directive prices.
As well as cutting down the business costs, the e-trading system will help avoid corruption and illegal activities, which has long harassed the medicine industry and pushed up the drug prices, medical officers said.
They hoped the e-trade system will become Asia's first international drug trading center.



 Jane Chen / Shanghai Daily news