Pricing and Procurement: Navigating the Challenges of Volume-Based...

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2025-11-04 09:52:26 -

Pricing and Procurement: Navigating the Challenges of Volume-Based Purchasing in China's Biologics Landscape

One of the most defining—and challenging—features of the commercial landscape within the **China Biologics Market** is the pervasive influence of the Volume-Based Procurement (VBP) policy. VBP is a state-led mechanism designed to drive down the cost of medicines by leveraging the immense volume of the national market. Under VBP, manufacturers compete to supply large quantities of a...

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