WebFeb 11, 2024 · The expanding list of drugs and medical consumables included in China's bulk-buy program is expected to cover traditional Chinese medicines and more orthopedic and dental implants this year, the National Healthcare … WebSep 10, 2024 · As hospitals in China implement VBP, surgical device companies will have to adapt their market strategy to compete more effectively in the country. Through EIU Healthcare’s team of consultants and Surgical Gateway – our proprietary data solution, we support your strategic and tactical business planning, and provide answers on the what ...
Impact Assessment of National Centralized Drug …
WebAiming to lower drug costs, China in 2024 rolled out a new program designed to bring down the prices of off-patent drugs. This so-called volume-based procurement (VBP) program … WebDec 22, 2024 · Volume-based purchasing (VBP) is expected to reduce pharmaceutical spending through three mechanisms: 1) pooled procurement process for drugs across multiple buyers increases negotiation power over pricing, and urges pharmaceutical companies to offer lower unit costs in exchange for a larger volume of purchase; 2) … bureau of labor statistics may 2020
China slashes coronary stent prices through national procurement
WebFeb 2, 2024 · In the days before 2024 came to a close, China’s National Healthcare Security Administration (NHSA) and Ministry of Human Resources and Social Security (MOHRSS) issued the 2024 Edition of the National Reimbursement Drug List (NRDL). WebJun 27, 2024 · On June 20, China National Joint Drug Procurement Office announced the start of the 7th round of volume-based procurement (VBP), covering 59 drugs with different active pharmaceutical ingredients. Companies qualified to supply the drugs are required to submit tenders on July 12. Procurement Volume, Term, and Price Limit WebMar 10, 2024 · National centralized procurement will continue in China through 2024, according to purchasing officials from China’s provinces who laid out the trajectory for centralized procurement over the next couple of years. Going forward, the national volume-based procurement (VBP) will expand nationwide to cover the top 250 drugs by national … halloween fog machine