Drug Pricing

Timely insights into evolving drug pricing policies and reimbursement practices in China.
May
01
Advancements in China's BMI Payment Policies for High-Value Medical Consumables: How MedTech Should Prepare

Advancements in China's BMI Payment Policies for High-Value Medical Consumables: How MedTech Should Prepare

These policies create a national framework for the pricing and reimbursement of high-value medical consumables under basic medical insurance schemes, necessitating proactive preparedness from MedTech firms.
6 min read
Apr
17
Quantifying Innovation: Three Key Signals from NHSA's Draft on New Chemical Drug Launch Pricing

Quantifying Innovation: Three Key Signals from NHSA's Draft on New Chemical Drug Launch Pricing

The standout enhancement in the current proposal is the addition of a self-assessment scale. This tool, designed to assign a score that quantifies innovation quality based on the company's self-assessment, plays a crucial role in determining the initial pricing of their drugs.
10 min read
Mar
27
Pudong Drug Pricing Pilot

Pudong Drug Pricing Pilot

#1 Pudong reform pilot permits new drug launch pricing comparable to international markets. On January 22nd, a joint announcement was
3 min read
Jan
03
Fair Pricing of Pharmaceuticals: Insights into China's NRDL Negotiation

Fair Pricing of Pharmaceuticals: Insights into China's NRDL Negotiation

Although NRDL negotiation involves multiple aspects, at its core, the most fundamental issue is the fair pricing of innovative pharmaceuticals.
5 min read
Dec
06
NHSA Proposes Launch Price Framework and Aligns Pricing Policies with Drug Lifecycle

NHSA Proposes Launch Price Framework and Aligns Pricing Policies with Drug Lifecycle

At a recent industry investor conference, Weng Linjia, Deputy Director of the Pharmaceutical Pricing and Tender Procurement Department, National Healthcare
4 min read
Oct
11
NHSA Insurance Funding Expert Zheng Jie: Shifting from Excessive Price Reduction to Value-Based Procurement for China's Drug Pricing Dilemma

NHSA Insurance Funding Expert Zheng Jie: Shifting from Excessive Price Reduction to Value-Based Procurement for China's Drug Pricing Dilemma

At the 5th China Rare Disease Cooperation and Exchange Conference, Zheng Jie, the leader of the Insurance Funding Analysis Expert
3 min read
Aug
02
China Implements More Moderate and Predictable Price Reduction for Older NRDL-Negotiated Drugs

China Implements More Moderate and Predictable Price Reduction for Older NRDL-Negotiated Drugs

In late June, the National Healthcare Security Administration (NHSA) commenced the 2023 National Reimbursement Drug List (NRDL) Dynamic Update, aiming
4 min read