New drug pricing policy is ineffective

Published: 2011-09-22 06:57:00

Updated: 2011-09-22 06:57:00

The government on August 2 unveiled a set of plans to cut generic drug prices by up to 33 percent starting next year, prompting fierce protests from pharmaceutical companies.

The new measures will bring down the prices of some 8,776 of the 14,410 drugs registered to the national health insuran...

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