Pricing & Procurement Governance

Pricing & Procurement Governance

Examination of how pricing rules, procurement structures, and negotiation mechanisms influence market conditions and long-term price anchoring.
Apr 17, 2024

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.
Mar 27, 2024

Pudong Drug Pricing Pilot

#1 Pudong reform pilot permits new drug launch pricing comparable to international markets. On January 22nd, a joint announcement was
Jan 03, 2024

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.
Dec 06, 2023

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
Nov 22, 2023

China's Medical Service Pricing Reform: Current State and Future Development

In our last newsletter, we delved into the three fundamental issues connected with medical service pricing in China: * Fragmented pricing
Oct 11, 2023

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
Sep 13, 2023

Wonder Sir Founder Chen Yiwei on China’s Rare Disease Definition and Recent Policy Boost for Foreign CGT Investment

Motivated by a profound sense of purpose and deeply moved by the suffering of Chinese rare disease patients, Chen Yiwei,
Aug 02, 2023

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
Jun 21, 2023

Navigating China's Access Landscape for Orphan Therapies: Insights into Funding Pathways

Welcome back to the final installment of our three-part series exploring China's access landscape of rare disease therapies.