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CN MIIT Drafting 15th FYP for Pharmas to Accelerate Launch, Supply of High-Quality, Affordable Drugs
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The "15th Five-Year Development Plan for the Pharmaceutical Industry" is being drafted, He Yaqiong, Director-General of the Consumer Goods Industry Department of the Ministry of Industry and Information Technology (MIIT), said at a regular policy briefing of the State Council. In its next step, the authorities will focus on advancing the "Four Accelerations", including accelerating the development of "Innovative Pharmaceuticals", "Inclusive Pharmaceuticals", "Digital and Intelligent Pharmaceuticals" and "Open Pharmaceuticals". The Director-General noted that improving quality and lowering prices are not a zero-sum game. She expressed hope that R&D institutions and manufacturing enterprises will endeavor to achieve higher sales volumes with lower margins, seize industry development opportunities, and accelerate the integrated application of AI technologies, in order to balance quality, pricing and accessibility, and promote the early launch and supply of more high-quality, affordable pharmaceutical products. Auto-translated by AI AASTOCKS Financial News |
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