China to lift drug price controls from June 1

China says it will relax price controls on drugs covered by medical insurance, blood products, immunisations, anti-AIDS and birth-control medicinesThe Chinese government said on Tuesday it will scrap long-standing state price controls on most medicines, effective June 1, as part of market-oriented reforms. The government will no longer impose upper limits on retail prices for drugs, government agencies including the National Development and Reform Commission (NDRC) and National Health and Family Planning Commission said in a joint statement. "The reform of drug prices needs to… fully utilise the resource allocation role of the market," the statement said. Price controls will be relaxed over drugs covered by medical insurance, blood products, immunisations, anti-AIDS and birth-control medicines, the statement said.



Sexual Health News Headlines – Yahoo! News