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China Orders More Price Cuts for Drugs

publication date: Mar 8, 2011
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The National Development and Reform Commission (NDRC) has once again mandated price decreases for drugs, effective March 28, 2011. The average reduction in this round is 21% for a group of 162 medicines, mainly antibiotics and cardiovascular drugs. The bullish case for drug sales in China now has to contend with a major negative factor: price controls. More details....

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