{"id":19707,"date":"2023-04-12T20:44:00","date_gmt":"2023-04-12T12:44:00","guid":{"rendered":"https:\/\/flcube.com\/?p=19707"},"modified":"2024-12-24T21:14:52","modified_gmt":"2024-12-24T13:14:52","slug":"round-8-vbp-tender-results-rmb-3-775-billion-awarded-across-152-manufacturers","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=19707","title":{"rendered":"Round 8 VBP Tender Results: RMB 3.775 Billion Awarded Across 152 Manufacturers"},"content":{"rendered":"\n<p>The official results of Round 8 of China&#8217;s national Volume-Based Procurement (VBP) tender program have been released, detailing the volumes and provinces awarded for each tender. The round saw RMB 3.775 billion (USD 550 million) in bid spots distributed among a total of 152 manufacturers, resulting in over 252 valid contracts.<\/p>\n\n\n\n<p><strong>North China Pharma Tops the Rankings<\/strong><br>North China Pharma emerged as the top winner of the tender, securing seven spots with a total value of RMB 300 million. They were followed by Yangtze River Pharma, which won a single product, the hypertension therapy levamlodipine, with a tendering value of RMB 220 million. Other manufacturers with contract amounts exceeding RMB 100 million included Puyuan Pharma (RMB 160 million), Hongyi Pharma (RMB 130 million), and King-Friend (RMB 130 million).<\/p>\n\n\n\n<p><strong>Overseas Manufacturers&#8217; Participation Increases<\/strong><br>Overseas manufacturers participated in the tender, with six firms winning bid spots and securing contracts totaling RMB 190 million, which accounts for 5% of the total tender round. This is an increase from the 7th round, where foreign companies accounted for only 1.7% of the tender spots.<\/p>\n\n\n\n<p><strong>Winning Foreign Firms and Products<\/strong><br>The winning foreign firms included India&#8217;s Hetero Labs for oseltamivir and Aurobindo for mirtazapine; US companies Merck, Sharp &amp; Dohme for Remeron (mirtazapine) and A&amp;Z Pharma for ursodeoxycholic acid and daptomycin; Italy-based Alfasigma for levocarnitine; and South Korea&#8217;s Daewoong for cefodizime sodium.<\/p>\n\n\n\n<p><strong>Previous VBP Tender Adjustments<\/strong><br>Three products from foreign\/originator companies were previously stripped of VBP winning status due to technical shortcomings, including BMS\u2019s paclitaxel, Sun Pharma\u2019s ibcalutamide, and GSK\u2019s dutasteride.<\/p>\n\n\n\n<p><strong>Molecules Involved in VBP Tendering<\/strong><br>A total of six molecules have been involved in VBP tendering across different dosages or forms, such as injectable mecobalamin, oseltamivir dry suspension, injectable ornidazole, injectable metronidazole sodium cholride, cefdinir granules, and voriconazole for injection.<a href=\"https:\/\/flcube.com\"><\/a><a href=\"https:\/\/flcube.com\">-Fineline Info &amp; Tech<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The official results of Round 8 of China&#8217;s national Volume-Based Procurement (VBP) tender program have&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4],"tags":[2935,2936,429,428,2648,278,184,1134,2934,2219,2675,782,2933,1880,82,1273],"class_list":["post-19707","post","type-post","status-publish","format-standard","hentry","category-policy-regulatory","tag-az-pharmaceutical","tag-alfasigma","tag-bms","tag-bristol-myers-squibb","tag-daewoong-pharmaceutical","tag-glaxosmithkline","tag-gsk","tag-hetero-biopharma","tag-hongyi-pharma","tag-king-friend-biochemical-pharmaceutical","tag-merck-sharp-dohme","tag-north-china-pharmaceutical","tag-puyuan-pharma","tag-sun-pharmaceutical","tag-vbp-voluem-based-procurement","tag-yangtze-river-pharmaceutical"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Round 8 VBP Tender Results: RMB 3.775 Billion Awarded Across 152 Manufacturers - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"The official results of Round 8 of China&#039;s national Volume-Based Procurement (VBP) tender program have been released, detailing the volumes and provinces awarded for each tender. The round saw RMB 3.775 billion (USD 550 million) in bid spots distributed among a total of 152 manufacturers, resulting in over 252 valid contracts.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flcube.com\/?p=19707\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Round 8 VBP Tender Results: RMB 3.775 Billion Awarded Across 152 Manufacturers\" \/>\n<meta property=\"og:description\" content=\"Navigate the complexities of China\u2019s pharmaceutical industry with precision and clarity. FLCUBE delivers reliable data, news, and intelligence to broaden your horizons and sharpen your decision-making. 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