On May 4, 2015, the National Development and Reform Commission (“ NDRC ”) and seven agencies including the National Health and Family Planning Commission and the Ministry of Human Resources and Social Security jointly published Opinions on Promoting Drug Price Reform (the “ Opinions ”). The NDRC also issued a Notice on Strengthening Monitoring of Drug Prices (“ Notice ”) and a press release on the same day.NDRC OpinionsThe Opinions focus on removing the government drug prices for most drugs; improving the system for drug purchase; strengthening the effect of cost reduction provided by medical insurance; reinforcing the regulation of healthcare activities and pricing behavior; and ultimately establishing a price determination scheme that is predominantly market-based. The new drug pricing scheme shall be as follows:Drugs paid by healthcare funds: The healthcare authorities shall coordinate with other relevant authorities to explore a new scheme to determine proper prices of the drugs which are paid by healthcarePatent drugs and exclusive drugs: The prices of such drugs shall be determined by multiple parties through open and transparentBlood products outside healthcare list, immunological and preventive drugs within unified state purchase, and free state anti-HIV drugs and contraceptive drugs: The prices of such drugs shall be… Read full this story
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