In 2020, the Chinese pharmaceutical company Conba Pharmaceutical sold 83.4 million boxes of Changyanning, a well-known Chinese patent drug in China treating diarrhea and other gastrointestinal conditions. Although costing only 16 yuan per box in the end market, Changyanning is a very profitable product, having a gross profit margin of around 50 percent. Traditional Chinese medicines are often seen as a cheaper alternative for medical treatments in China, while many believe that TCMs have fewer or no side effects.
Sales volume of Chinese patent drug Conba Changyanning from 2017 to 2020 in China
(in million boxes*)
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Eastmoney.com. (March 4, 2022). Sales volume of Chinese patent drug Conba Changyanning from 2017 to 2020 in China (in million boxes*) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1334864/conba-changyanning-sales-volume/
Eastmoney.com. "Sales volume of Chinese patent drug Conba Changyanning from 2017 to 2020 in China (in million boxes*)." Chart. March 4, 2022. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1334864/conba-changyanning-sales-volume/
Eastmoney.com. (2022). Sales volume of Chinese patent drug Conba Changyanning from 2017 to 2020 in China (in million boxes*). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1334864/conba-changyanning-sales-volume/
Eastmoney.com. "Sales Volume of Chinese Patent Drug Conba Changyanning from 2017 to 2020 in China (in Million Boxes*)." Statista, Statista Inc., 4 Mar 2022, https://www.statista.com/statistics/1334864/conba-changyanning-sales-volume/
Eastmoney.com, Sales volume of Chinese patent drug Conba Changyanning from 2017 to 2020 in China (in million boxes*) Statista, https://www.statista.com/statistics/1334864/conba-changyanning-sales-volume/ (last visited November 23, 2024)
Sales volume of Chinese patent drug Conba Changyanning from 2017 to 2020 in China (in million boxes*) [Graph], Eastmoney.com, March 4, 2022. [Online]. Available: https://www.statista.com/statistics/1334864/conba-changyanning-sales-volume/
