- China making inroads in innovative pharmaceuticals
- record number of drug approvals this year
- 43 innovative drugs approved in first half of 2025
- 59% year-on-year increase
- 43 drugs for cancer, metabolic disorders, immune diseases
- China’s reform of approval processes
- pharma more willing to pursue long-term, high-risk innovation
- China set record for licensing innovative drugs - US$48.4 b
- China’s new cancer drug gets US approval at huge price mark-up
- processing time has been reduced to 60 days (from 200 days)
- China’s rapid progress in pharmaceuticals
- every drug could be made in China
https://youtu.be/BekUql6hWto
My Comments:
The first Chinese cancer drug approved for the US market will be sold in the USA at 31 times the price in China (above US$31,000 per dosage!!).
The answer is really quite simple - lets help China flood the market with their cancer drugs. The prices will come down. Sounds naive but the Chinese are still Communists. They may still have plenty of altruistic thinking in how they do things.