China Negotiating 50% Discounts on Five Western Drugs

China is working to negotiate discounts of at least 50% on several expensive western drugs, and then plans to include the drugs in the country's national insurance plan. China's National Health and Family Planning Commission (NHFPC) is running the pilot program on five of the world's high-priced drugs. Considering that the drugs will be available to the large number of people insured by China's state-run insurance plans, the agreement could be a net positive for western biopharmas. More details.... Share this with colleagues: // //