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China Creating a Framework on Real-World Evidence

China Creating a Framework on Real-World Evidence

Purpose of Real-World Evidence/Real-World Data To test new treatments, pharmaceutical companies adopt a method called “Randomized Controlled Trial” (RCT). There are two design groups within a trial. Participants from the “Randomized”...
China’s National Reimbursement Drug List

China’s National Reimbursement Drug List

What is NRDL? NRDL is introduced in 2000 to support medical healthcare and providing patients with basic medical treatments. Between 2000 and 2017, the NRDL has been updated twice, but the reimbursement process is poor. The third update is in 2018, where 10 new drugs...
FDA Reducing Price of New Drug

FDA Reducing Price of New Drug

The Theory At the American Society of Clinical Oncology (ASCO), FDA Commissioner Dr. Scott Gottlieb is aiming to lower new drug pricing by increasing generic (alternative) drug competition in the pharmaceutical market. Gottlieb suggested that when the production of...