Prices of 7,500 insured-covered drugs to be lowed
Published: 2011-11-02 06:56:00
Updated: 2011-11-02 06:56:00
In a move that is likely to curb current growth prospects for the local pharmaceutical industry, the government said Monday that it plans to cut drug prices by an average of 14% starting in 2012 as part of its efforts to reduce excessive medical outlays that have become a social burden.
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