Caixin
POLITICS & LAW

Drug Regulator to Renegotiate Prices Amid Hit Film’s Success

Beijing is in talks with New Delhi on “opening the Chinese market to drugs from India,” foreign ministry spokesperson Hua Chunying told reporters on Monday. Photo: VCG
Beijing is in talks with New Delhi on “opening the Chinese market to drugs from India,” foreign ministry spokesperson Hua Chunying told reporters on Monday. Photo: VCG

China’s new medical insurance authority said it will negotiate with pharmaceutical companies to lower prices of life-saving drugs, amid growing public scrutiny of the country’s drug pricing sparked by a box-office hit.

The surprise blockbuster — a black comedy called “Dying to Survive” — is based on the real-life story of a cancer patient who smuggled generic drugs from India into China because he and his fellow patients could not afford the brand-name versions approved for sale in the country.

ladingImg
You've accessed an article available only to subscribers
Try 4 weeks for $0.99
SUBSCRIBE
Share this article
Open WeChat and scan the QR code
Copyright © 2017 Caixin Global Limited. All Rights Reserved.