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When Curtain Falls: 4+7 To 4+N Signals End To Branded Generics In China?

 
• By Brian Yang

After only two multinationals managed to win bids in China's massive new centralized drug procurement scheme, other foreign firms were hoping to get a break in the second round. But this may not materialize.

Shanghai
EXPANSION OF SHANGHAI-INITIATED '4+7' SCHEME TO BRING PRICE PRESSURE ON BRANDED GENERICS • Source: Shutterstock

The off-patent product business of branded generics has had a long winning streak in China, sustaining years of double-digit growth for companies and driven by some well-established brands. Even when market shares in the US and Europe have eroded greatly, the same products have continued to enjoy healthy growth in China.

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