China to 'refine' centralized medicine procurement policies
China will refine its centralized drug procurement policy following a probe into off-patent medicine quality, aiming to enhance evaluations and oversight. The healthcare regulator aims to improve pricing mechanisms and support innovative drug deve...

"We will refine the policy for centralized medicine procurement and enhance quality evaluations and oversight to ensure that our people have full confidence in the medication they use," said the report.
The report added that China would also "improve pricing mechanisms", and create a "medical insurance catalogue" for innovative drugs to "support their development".
China's healthcare regulator in February said that the quality concerns were unsubstantiated.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.