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Article: SHANGHAI TO LOWER MAX RETAIL PRICE OF BID-WINNING DRUGS BY 8%

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AsiaInfo Services
Article date:
December 15, 2005
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AsiaInfo Services
12-15-2005
Shanghai to Lower Max Retail Price of Bid-Winning Drugs by 8%

SHANGHAI, Dec 15, 2005 (SinoCast via COMTEX) -- Shanghai recently has released the maximum retail price of bid-winning drugs in the second centralized bidding purchase of medical institutions in 2005.

According to the announcement, the maximum retail price of 1,784 bid-winning drugs produced by 670 enterprises will be lowered by 8% on average from December 20.

The medicines released in the public bidding of this year include drugs against digestive disease, vitamin-related drugs, specific medicines and traditional patent ...

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