Volume-Based Procurement in Mainland China: Key Trends and Planning Future Strategies slide image

Volume-Based Procurement in Mainland China: Key Trends and Planning Future Strategies

Volume-Based Procurement in Mainland China: Key trends and planning future strategies Both domestic and MNC players are considering robust strategies to survive in this highly competitive market space ‣ Clarivate™ Penetrate untapped rural retail pharmacy markets that present a potential opportunity for MNCs as healthcare goes digital. Boost R&D and manufacturing capabilities to foster innovation and develop high quality generics while maintaining low manufacturing cost. With guaranteed volume- based contracts, realign the sales force model to maximize the profit margins. Leverage past experiences to cash-in the $90 billion segment with the extension of GQCE and VBP program to injectables. Adapt omnichannel strategy to also focus marketing efforts on non-hospital channels such as retail, direct-to-patient and online pharmacies. Source: Clarivate 1 10
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