Thursday, January 10, 2013

China to cut prices of select drugs effective from February 1 2013

Effective from February 2013, China has announced that it will cut prices of about 400 drugs belonging to over 20 therapeutic categories. The list includes drugs in respiratory diseases, fever, pain and specialty drugs. Prices for the most expensive drugs would be cut by 20 percent, while on an  average price would come down by 15 percent.

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