Pfizer’s Paxlovid Fails to Get in China’s National Insurance Policy

Pfizer’s Paxlovid Fails to Get in China’s National Insurance Policy
Pfizer's Paxlovid is displayed in Pembroke Pines, Florida, on July 7, 2022. Joe Raedle/Getty Images
Updated:
0:00

China’s National Healthcare Security Administration (NHSA) announced on Jan. 10 that it will not include Pfizer’s Paxlovid in its national reimbursement plan due to its high cost.

The negotiation between China and Pfizer on Tuesday failed because Pfizer considered China “a middle-income country,” and the price proposed by Beijing was lower than what Pfizer would have accepted, according to several media outlets.

Related Topics