Drug prices negotiated downward

[Photo/Xinhua]

The prices of 36 expensive drugs - half of them for cancer treatment - are now covered by medical insurance, after the authorities negotiated substantial price reductions.

The Ministry of Human Resources and Social Security negotiated with pharmaceutical manufacturers on 44 drugs and managed to cut prices of 36 of them to be acceptable for coverage by the medical insurance fund, Xu Yanjun, a fund management official at the ministry, said at a news conference on Wednesday.

Compared with retail prices last year, prices of these drugs have decreased by 44 percent on average, he said. Five of the drugs are traditional Chinese medicines and 22 are imported Western medicines.

Half the drugs, including 15 Western ones, are used to treat six types of cancer, including breast, lung and liver cancer. For example, the price of 440-milliliter trastuzumab, which is used to treat breast cancer, went down by 69 percent to 7,600 yuan ($1,125), said Yan Qinghui, the ministry's deputy director of medical insurance.

He said the government chose the 44 drugs for negotiation after it found the medical fund couldn't afford them, even though they are greatly needed by the public due to their curative effects. They may be patented or produced exclusively by certain pharmaceutical companies.

"We hoped we could make full use of the advantages of the fund's group purchasing to include more drugs in the medical insurance directory," Yan said.