2020
DOI: 10.1136/bmjgh-2019-002256
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Using strategic price negotiations to contain costs and expand access to medicines in China

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Cited by 23 publications
(20 citation statements)
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“…Though health technology assessments were a key aspect during NRDL negotiations, our results showed no association between daily costs of cancer treatment and their QALY, an essential factor in technical assessments supporting decisions in setting reimbursement and pricing [52]. China's government has strong bargaining power and plays a decisive role in price negotiations and achieving favorable prices for health systems [24]. Manufacturers would thus strategically bid with low prices in order to be considered by NRDL and to secure a market share.…”
Section: Policy Implicationsmentioning
confidence: 63%
“…Though health technology assessments were a key aspect during NRDL negotiations, our results showed no association between daily costs of cancer treatment and their QALY, an essential factor in technical assessments supporting decisions in setting reimbursement and pricing [52]. China's government has strong bargaining power and plays a decisive role in price negotiations and achieving favorable prices for health systems [24]. Manufacturers would thus strategically bid with low prices in order to be considered by NRDL and to secure a market share.…”
Section: Policy Implicationsmentioning
confidence: 63%
“…However, considering cost-effectiveness is crucial in medical decisions for physicians and policy decision-makers to reasonably allocate limited health resources. To reduce the price of medicines, the Chinese government adopted a process of centralized strategic price negotiation with pharmaceutical companies underpinned by health technology Abbreviations: AE, adverse event; CI, confidence interval; HCC, Hepatocellular carcinoma; HR, hazard ratio; ICER, incremental cost-effectiveness ratio; INHB, incremental net health benefit; INMB, incremental monetary benefit; LY, life-year; OS, overall survival; PD, progressed disease; PFD, progression-free disease; PFS, progression-free survival; WTP, willingness-to-pay; QALY, quality-adjusted life-year assessment evidence [7]. Herein, by adopting an economic modeling approach (Supplementary Materials and Methods), we report the cost-effectiveness of atezolizumab plus bevacizumab as first-line therapy for advanced HCC from the Chinese health sector perspective.…”
Section: Dear Editormentioning
confidence: 99%
“…After the price negotiation, the prices of innovative medicines were reduced and some new medicines were included in the National Insurance Medicine List. Moreover, the pharmaceutical enterprises obtained the market share under the premise of ensuring their business profits (23,24). A total of 44 new medicines were included in the price negotiation, and a reduction in the price of 36 medicines was successfully negotiated.…”
Section: Introductionmentioning
confidence: 99%