NEWSLETTER

Sign up to read weekly email newsletter
Asia Tech Times
Donate
Search
  • Home
  • Breaking News
  • Business
  • Finance
  • Medical
  • Political
Reading: APAC’s cost controls, tendering procedures posture dangers to pharma companies
Share
Font ResizerAa
Asia Tech TimesAsia Tech Times
  • Finance
  • Technology
Search
  • Home
  • Categories
    • Finance
    • Technology
  • More Foxiz
    • Blog Index
    • Forums
    • Complaint
    • Sitemap
Follow US
Made by ThemeRuby using the Foxiz theme. Powered by WordPress
Medical

APAC’s cost controls, tendering procedures posture dangers to pharma companies

By Asia Tech Times
Last updated: 30/04/2025
2 Min Read
Share

This technique might impact earnings and market accessibility.

The BMI record stated that necessary cost control and bidding process procedures in the majority of Asia-Pacific (APAC) markets might impact earnings and market purchase of international pharmaceutical business.

In markets such as India and Japan, necessary cost controls are a significant concern for the firm, as these controls are non-negotiable and can cause significant loss of earnings.

On the other hand, landmass China, Indonesia and Malaysia embrace a bidding procedure or systematized purchase strategy that might dramatically lower rates, specifically for common and biosimilars.

” This fad is especially obvious in significantly cost-conscious markets such as China, where cutting-edge medicines will certainly deal with substantial cost cuts to acquire a nationwide checklist of repaid medicines,” the record stated.

International recommendation rates is an additional system utilized in some APAC markets that contrast medication rates to the most affordable rates in the recommendation nation.

It included: “While this strategy is developed to maintain healthcare and medications reduced, this rates system usually minimizes the worth of cutting-edge medicines.”

TAGGED:APACscontrolsfirmspharmaposepriceprocessesriskstendering

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print

SUBSCRIBE NOW

Subscribe to our newsletter to get our newest articles instantly!

HOT NEWS

Malaysia’s Sunway Team Chairman Jeffrey Cheah States The Very Best Is Yet To Find

Jeffrey Cheah. Ian Teh Forbes Asia This tale belongs to Forbes’ record on Malaysia’s wealthiest…

09/06/2025

China’s CATL Really feels the Pinch of a Lithium Cost Downturn it Developed

Years of long-lasting decreases in lithium costs are currently beginning to take a toll on…

19/03/2025

OpenAI strategies Sora video clip generator combination right into ChatGPT

Sora was released in December 2024 as a standalone internet application, making it possible for…

19/03/2025

YOU MAY ALSO LIKE

The firm will certainly supply framework preparation and layout guidance.

The firm will certainly supply framework preparation and layout guidance.

Medical
26/03/2025

Chinese medicine clinics will launch nine-day service in Hong Kong in winter

Staff reporter , Hongkong Photo by Nwato The service will offer half-price discounts to senior participants. The Hospital Authority (HA)…

Medical
20/04/2025

Progressing kidney treatment in Singapore to prolong lives, increase opportunities for individuals

The increasing occurrence of kidney illness in Singapore highlights the essential demand for reliable options to improve the abilities of…

Medical
30/04/2025

Abu Dhabi assembles int’ l authorities to prepare AI administration for health care

Staff member Press reporter. ,,,,, center East. Pictures from Envato The conference recognized obstacles and chances for using AI. Ministry…

Medical
03/05/2025

Asia Tech Times (ISSN: 3079-8566) stands as a preeminent authority in technology journalism, delivering profound insights and strategic intelligence on the technological advancements shaping the Asia-Pacific region and beyond. Renowned for its depth of analysis and editorial excellence, the publication serves as a critical nexus for industry leaders, policymakers, scholars, and innovators navigating the evolving digital landscape.

  • Jobs Board
  • About Us
  • Contact Us
  • Privacy Policy
  • Exclusives
  • Learn How
  • Support
  • Solutions
  • Terms And Conditions
  • Editorial Policy
  • Marketing Solutions
  • Industry Intelligence

Follow US: 

Copyright © 2025 Asia Tech Times. All Rights Reserved.

All content published by Asia Tech Times (ISSN: 3079-8566), including but not limited to articles, reports, editorials, graphics, images, logos, and digital media, is the exclusive intellectual property of Asia Tech Times and is protected under international copyright laws and treaties.

Asia Tech TimesAsia Tech Times
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?