Price of generic drugs halves in pilot 'group-buying'
BEIJING - Compared with 2017, the prices of 25 generic drugs dropped by an average of 52 percent thanks to a pilot procurement in 11 major Chinese cities, the organizer said on Dec 8.
As a major reform of the current centralized procurement system, the pilot program asked the participating cities to specify the quantity of each purchase, to give the manufacturers a clearer expectation.
Previously, the bidding usually only determined the price, but could not guarantee the purchase quantity.
The 11 participants of the program, including Beijing, Shanghai, Guangzhou and Shenzhen, account for about one third of the national market.
- China Medical Expert Team arrives in DR Congo to aid battle against Ebola, leveraging expertise and China's experience in epidemic control: team members
- China to send medical expert team to DR Congo for Ebola control
- Senior WHO official highlights China's role in tackling global health challenges
- Focus on the World Health Assembly | Healthy China, not just China
- China builds robust nursing workforce amid healthcare push
- NHC minister meets with president of Merieux Foundation


