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Balancing Act: Orphan Drug Makers Slash Prices In China As New Mechanism Allures

 
• By Brian Yang

From Biogen to Takeda, multinationals have been cutting prices in China in a bid to seize the emerging market for rare disease treatments, as Beijing strives to expand market access.

Price drop
CHINA ORPHAN DRUG EXPANSION COMES WITH STEEP PRICE CUTS • Source: Alamy

Prepare yourself to learn about a drastic drug price reduction in China: CNY700,000 to CNY33,000.

The product in the spotlight is Biogen, Inc.’s Spinraza (nusinersen), which is used for a rare form of the severe neurodegenerative condition spinal muscular atrophy (SMA)

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