BioCentury
ARTICLE | Politics & Policy

China moves to take centralized procurement nationwide

September 25, 2019 7:47 PM UTC

China's Joint Procurement Office will expand its pilot program for centralized procurement of generic and off-patent originator drugs nationwide, a move that could further cut prices of the 25 drugs in the program.

Under the pilot program announced late last year, manufacturers that have passed equivalence testing offered pricing discounts in exchange for guaranteed market share, and contracts were awarded to the lowest bidder...