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» 23/07/2009 [Company watch]
China Aoxing Pharmaceutical Corp. Receives Renewal of GMP Certification for Capsule Dosage Form of Pharmaceutical Products
» 15/03/2010 [Industry news]
Recordati S.p.A And Lee Pharmaceutical Announce Partnership For Zanidip(R) In China
» 26/10/2009 [Finance]
China Growth to Remain Fast in Fourth Quarter, Official Says
» 17/08/2009 [Industry news]
Chindex Posts Profit on Product Sales, Health Services
» 07/05/2010 [Industry news]
Hong Kong: Recall of all products manufactured by Quality Pharmaceutical Lab Ltd
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»23/10/2009 [Industry news]
Perverse incentives: pharmacies pulling essential drugs from shelves

Certain national essential drugs were taken off the shelves in Chongqing City retail pharmacies in response to the implementation of new essential drug guiding prices October 22, according to Chongqing Evening News.

 
Certain national essential drugs were taken off the shelves in Chongqing City retail pharmacies in response to the implementation of new essential drug guiding prices October 22, according to Chongqing Evening News. The newly released guiding prices for essential drugs reduced the prices of 45% of drugs on the list. Many pharmacies purchased these drugs from distributors at higher prices prior to the new guiding price policy. According to the article, these pharmacies are demanding a modification of procurement prices so that they are less than the new guiding prices.

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