The demand for health care and pharma services in China has always been quite high. The pharmaceutical market in China has grown to emerge as the second largest in the world. This growth has resulted due to the innovations in this industry, a significant rise in its global profile and ongoing as well as proposed structural change. This has naturally created a huge demand for life sciences professionals, which, the top headhunting firms in China, are trying their best to fulfil. Understanding The Structure Of China Pharma Industry The pharma industry in China was not very well organized until only a few years back. The primary objective of these manufacturers and distributers is to cheap, generic medications which provide them a huge profit margin. They lack the inclination to invest funds in innovation and R&D, with less than 5% of the sales being directed to R&D, which is mo1stly carried out in the field of generics. Changes That Have Ensured Growth Of The Industry Change that has ensured the growth of the pharma industry in China is the huge influx of life science talent into the country from abroad. The life science executive search firms in China have been recruiting western professionals with extensive experience in various multinational pharma firms in large numbers. They have been able to attract Chinese executives, who had left the country to gain education in west and now are looking for great career opportunities in their home country.
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