Planned reforms will separate hospital and doctor income in China from pharmaceutical sales, The Wall Street Journal reported, citing Sun Zhigang, vice minister of the National Health and Family Planning Commission. “We must eradicate the reliance on drug sales,” Sun said, adding that the government would offer hospitals more assistance to separate doctor incomes from pharmaceutical […]
Category: Health Care
E-commerce behemoth JD.com has joined forces with local drugmaker Shanghai Pharmaceuticals Holding to grow its presence in the online healthcare sector, Reuters reported, citing a filing by the latter to the Hong Kong Stock Exchange. While the sale of prescription drugs online is currently prohibited in mainland China, Reuters cited unnamed industry sources as saying […]
Kink goes viral
China’s cigarette tax has risen from 5% to 11% with incoming funds passed to wholesalers and then on to consumers, The Wall Street Journal reported, citing an announcement from the State Council. The council didn’t explain the move, but the new taxes may help simultaneously discourage smoking in a country that produces 43% of the […]
The National Development and Reform Commission announced Tuesday that price caps for all drugs except anesthetics and certain psychiatric medications would be lifted next month, South China Morning Post reported, citing a statement on the commission’s website. “From June 1, government-set prices on most drugs will be cancelled to improve purchasing mechanisms for drugs, control medical […]