China Cuts Domestic Drug Prices by 21% on Average; Could This Cause Higher...
This week in China, the National Development and Reform Commission put dramatic retail drug price cuts into effect. To lower prices, hospitals and clinics are now required to cap the costs for over...
View ArticleLow Cost Counterfeit Drugs Save Lives in China…What?!
I wish I was joking about the racy headline above. The United States is not the only great power in which citizens go without medication because of cost. The cancer drug Gleevec (imatinib), made by...
View ArticleNo Prosecution for Prescription Access Hero Charged with Counterfeit Drug...
At the beginning of this year, we brought you the story of Lu Yong, a Chinese citizen with Leukemia who was facing severe financial hardship due to the $3,783 monthly cost of his cancer medication,...
View ArticleChina Opens the Door to Personal Medicine Imports and Third-Party Online...
A new Chinese law (in effect as of December 1, 2019) makes third-party online platform medicine sales legal, appropriately ends a draconian definition of counterfeit drugs, and effectively...
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