PhIRDA: China’s Evolving VBP is Overly Complex with…
Following China's latest VBP round in July, PhIRDA reports that the system now favors big players more heavily. Hospitals can specify brand preferences, and revival bids can benefit original brands and leading genericsAt the same time, some manufacturers continue to cut prices by 80% to stay competitive, disrupting markets and straining anti-involution effortsIncreasingly complicated rules, with anchors and weight systems, aim to balance needs but risk overshadowing core VBP goals, leaving policymakers with lingering hurdles












