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Bulk-buying to innovate leading medical devices-Eastday

From:ChinaDaily   |  2021-03-17 07:00 For Gao, an acute myocardial infarction patient in Kunming, Southwest China s Yunnan province, the steep cut in the price of a coronary stent from over 7,400 yuan ($1,144) to 590 yuan came as a real blessing. China s centralized procurement program for coronary stents, which was implemented in November, has enabled coronary heart disease patients such as Gao, a resident of a remote area, to buy the device at an affordable price. The bulk-buying is the country s first such program in the medical device sector. The price of coronary stents is now expected to plunge by at least 90 percent, saving patients billions of yuan a year, besides shaking up the industry.

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Bulk-buying to innovate leading medical devices

Bulk-buying to innovate leading medical devices By Zheng Yiran | China Daily | Updated: 2021-03-17 07:00 Share CLOSE A visitor checks out a therapeutic device during a medical exhibition in Zhengzhou, Henan province, on March 11, 2021. [Photo/Xinhua] For Gao, an acute myocardial infarction patient in Kunming, Southwest China s Yunnan province, the steep cut in the price of a coronary stent from over 7,400 yuan ($1,144) to 590 yuan came as a real blessing. China s centralized procurement program for coronary stents, which was implemented in November, has enabled coronary heart disease patients such as Gao, a resident of a remote area, to buy the device at an affordable price.

Kunming
Yunnan
China
Suzhou
Jiangsu
Anhui
Henan
Beijing
Lepu
Xizang
Chongqing
Guizhou

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