The adoption of inorganic growth strategies by players is also boosting the market growth, For instance, in September 2019, Eisai and Nichi-Iko (parent company of Sagent Pharmaceuticals, Inc.) entered into a collaboration agreement. Under this agreement, Eisai and Nichi-Iko aims to enhance their pharmaceutical business in China by introducing high quality generic drugs in the country. Eisai will address a broader range of medical needs in China by further strengthening its China-based generic business.
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