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CN Optimizes Initial Pricing Mechanism for Innovative & Newly Launched Drugs
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The General Office of China's State Council has released its opinions on improving the drug pricing formation mechanism, emphasizing the need to fully leverage the decisive role of the market in resource allocation, better utilize the role of the government, support the development of a unified national market in the pharmaceutical sector, and improve a market-oriented drug pricing formation mechanism. The opinions proposed measures including optimizing the initial pricing mechanism for innovative and other newly launched drugs, leveraging the guiding role of medical insurance payment standards in drug price formation, guiding pharmacies to reasonably set retail drug prices, and strengthening the supply and price stabilization for drugs in shortage. Auto-translated by AI AASTOCKS Financial News |
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