Tianjin, Nov. 5 (Xinhua) - The coronary stents, once priced at more than 10,000 yuan (US $ 1,500), is expected to everyone available in Chinese hospitals in roughly 1,000 yuan for the treatment of coronary artery disease .

This estimate comes from the results of the initial round of the program acquisition centralized of the Chinese government for medical high-value products, which were released on Thursday in northern China, Tianjin city

. 10 varieties of coronary stents that were following successful bidding saw their average price to around 700 yuan of about 13,000. yuan, according to the office in charge of the

They cover conventional products now are commonly used in health institutions, with amounts representing more than 70 percent of intended purchase volumes of these institutions

the average price of the same products from the same companies has fallen by 93 percent since 2019. the reducing average prices of locally manufactured products is 92 percent, and 95 percent for imported products.

is estimated that the price reduction due to centralized purchasing will save patients some 10.9 billion yuan in expenses related

the selected products are eight of a total of 11 Chinese and foreign companies joined the bidding

. More than 2,400 health institutions across China participated in the centralized procurement, including those who usually buy more than 500 coronary stents to the year

. The first year under this round of centralized procurement, covering a period of two years, will see a total purchase 1.07 million coronary stents by institutions, equivalent to 65 percent of their total purchas. E volumes in 2019

Zhong Dongbo, an official in charge of making a drug deal and the acquisition of the National Security Administration Health, praised the results of centralized procurement as a development for the benefit of patients and to promote the development of high quality pharmaceutical sectors

. centralized stent coronary acquisitions is one of the efforts by the Chinese government to address inflated prices and other problems in the distribution of supplies expensive medical, representing a link key in deepening reform of centralized procurement medical , according to officials

. is expected to coronary stents purchased under the centralized procurement program will be available to patients from January 2021. End


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