2019 will be remembered as a banner year for international drug makers as many grew at phenomenal rates in China, despite expansion of the “4+7” centralized procurement scheme and steep price cuts in exchange for reimbursement. As the government continues to emphasize affordability for cancer drugs and major anti-infectives, competition is heating up quickly and immune-oncology alone has seen six PD-1s elbowing each other for market share.
With all the ebb and flow there has been in China over the past year, Scrip picks the 10 most significant commercial developments in the country’s highly dynamic and fluid biopharma sector in 2019, which also provide a glimpse into what's coming in 2020.
From immuno-oncology to infectious disease, from small molecules to biologics, China is advancing fast in the world’s health innovation standing....