Home / News Type Content Tools: Save | Print | E-mail | Most Read | Comment
Drug Production Costs to Be Probed
Adjust font size:

According to a notice issued Monday on the website of the National Development and Reform Commission (NDRC), the production costs for 21 categories of western drugs and seven Chinese patent medicines will be probed by local pricing authorities.

All factories and companies producing or importing the medicines, according to the notice, should report objectively the entire cost of production and import for 2005. Pharmaceutical companies should keep paperwork detailing production costs, retail prices, sales and profit figures. 

An NDRC official who declined to be named said the probe didn't mean any immediate adjustment to the price of medicines. However, the results will be saved in the NDRC's drug price database as reference for pricing in the future.

Some antibiotic and anti-tumor medicines have been excluded from the probe, as a program has been drawn up to readjust their prices and it will be published shortly.

(China.org.cn by Zhang Yunxing, April 26, 2006)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Medical Cost Rises Faster than Income
- China to Strictly Control Medical Expenses
- Price Watchdog to Check Drug Price Cut
- Drug Prices Cut, Inspection Announced
- Online Sale of OTC Drugs Legalized
- China Evaluates New Rural Medical Care System
- New Rule to Cut Patients' Expenses
Most Viewed >>
- World's longest sea-spanning bridge to open
- Yao out for season with stress fracture in left foot
- 141 seriously polluting products blacklisted
- China starts excavation for world's first 3G nuclear plant
- Irresponsible remarks on Hu Jia case opposed 
- 'The China Riddle'
- China, US agree to step up constructive,cooperative relations
- FIT World Congress: translators on track
- Christianity popular in Tang Dynasty
- Factory fire kills 15, injures 3 in Shenzhen

Product Directory
China Search
Country Search
Hot Buys