Abstract

Generic drugs have been deemed as a potentially powerful way to release financial burden on patients and health care systems. Tiered pricing framework and pooling purchasing power are two strategies, from the perspectives of manufacturer and buyers respectively, to achieve rational prices of generic drugs. We select pan-Canadian Tiered Pricing Framework (TPF) and Chinese National Volume-Based Procurement (NVBP) as comparators to explore the similarities and differences across the two policy implementation mechanisms and summarize the lessons for other jurisdictions.

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