Pharmaceutical intermediates are actually some chemical raw materials or chemical products used in the pharmaceutical synthesis process. This chemical product can be produced in ordinary chemical plants without a drug production license. As long as it reaches a certain level, it can be used for the synthesis of drugs.

　　At present, the production of pharmaceutical intermediates in China has six characteristics:

　　1、 Most of the production enterprises are private enterprises with flexible operation and small investment scale, basically between millions and twentymillion yuan.

　　2、 The geographical distribution of production enterprises is relatively concentrated

　　3、 With the increasing attention of the state to environmental protection issues, the pressure on manufacturers to build environmental protection treatment facilities increases

　　4、 Product updates are fast. After a product is generally launched for 3-5 years, its profit margin will decline significantly, which forces enterprises to constantly develop new products or improve production processes in order to maintain high production profits

　　5、 Because the production profit of pharmaceutical intermediates is higher than that of chemical products, and the production processes of the two are basically the same, more and more small chemical enterprises have joined the ranks of producing pharmaceutical intermediates, resulting in increasingly fierce disordered competition in the industry

　　6、 Compared with bulk drugs, the profit margin of intermediates is low, and the production process of bulk drugs and pharmaceutical intermediates is similar. Therefore, some enterprises have not only produced intermediates, but also started to produce bulk drugs by taking advantage of their own advantages.