Here Comes MISA: China Medical Insurance Agency Starts Off
Executive Summary
The first ever agency devoted to medical insurance in China, MISA is potentially on track to become a major player in drug price negotiation, reimbursement level setting, and drug and device bidding in the country.
You may also be interested in...
Approval For Access? Decoding The Significance Of China’s Opdivo Opening
First comes the approval, then market access. A rapid regulatory clearance for BMS’s Opdivo in China not only pioneers a new and potentially huge market for immuno-oncology treatments, but may potentially set an example in how to expand market access for many new therapies waiting to get into the country, amid multiple recent regulatory and policy changes.
China Zero Tariffs For Cancer Drugs Precede High-Stakes Trade Talks
China is opening up its domestic pharma market with an import duty exemption on 28 drugs including anticancers, effective May. The duty cuts came ahead of the latest trade talks between the US and China, though Chinese officials have underscored that countries like India could also stand to gain.
Medtechs Must Reflect On China Localization Policies As VBP Expands
China continues to roll out volume-based procurement for medical devices and pharma products and companies should plan their strategies accordingly, advises EY Parthenon’s Hua Su.