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ChinaBio Today Release: China To Remove Price Limits On Some Essential Drugs



4/18/2014 10:00:16 AM

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by Richard Daverman, PhD

April 17, 2014 -- China will amend its policy of putting price limits on Essential Drug List products – though it isn’t clear how far-reaching the policy change will be. The prices for some drugs will be allowed to fluctuate, as long as they stay within a specified range. The National Health and Family Planning Commission, which quietly posted the announcement on its website, did not explain which drugs were involved, nor did it specify their expected range. The move is an apparent reaction to shortages of commonly used, inexpensive drugs in China, especially Tapazole, a treatment for hyperthyroidism. More details....

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