China Orders More Price Cuts for Drugs

The National Development and Reform Commission (NDRC) has once again mandated price decreases for drugs, effective March 28, 2011. The average reduction in this round is 21% for a group of 162 medicines, mainly antibiotics and cardiovascular drugs. The bullish case for drug sales in China now has to contend with a major negative factor: price controls. More details.... Share this with colleagues:   var switchTo5x=true; stLight.options({publisher:'d7871f5b-67bc-4d30-b66f-1465d0b97213'});