Latest Round of Cuts in Drug Prices Takes Effect in China

Drug prices for 162 China medications dropped an average 21% today, three weeks after the price cuts were mandated by the PRC’s National Development and Reform Commission (NDRC). The savings for China’s populace is estimated at $1.5 billion annually. Because the NDRC considered each formulation of each drug separately, the regulations officially covered 1,265 specific drugs. Further price cuts are expected in the future. More details.... Share this with colleagues:   var switchTo5x=true; stLight.options({publisher:'d7871f5b-67bc-4d30-b66f-1465d0b97213'});