ARTICLE | Politics & Policy
MNCs lead price cuts in China’s second round of centralized procurement
January 23, 2020 1:20 AM UTC
MNC originators took the deepest price cuts in the second round of China’s expanded centralized procurement program for generic and off-patent drugs.
A list released Tuesday by China’s Joint Procurement Office showed that 77 winning bidders for 32 drugs agreed to average price cuts of 53%, with discounts as high as 93%, in exchange for guaranteed market share. ...
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