Branded drugs are expensive but popular in Vietnam According to a VIR source, the Drug Administration of Vietnam (DAV) is going to issue a replacement for 2016’s Circular No.09/2016/TT-BYT, which governs the list of drugs for procurement through bidding, for concentrated procurement, and for procurement through price negotiation, towards expanding a third list to drop the price of brand-name drugs. “The issuance of the new circular will be made within the month and will take effect in 45 days as ruled. Accordingly, most brand-name drugs will be added to the third list for procurement through price negotiation,” a DAV official told VIR. There are two schemes for procurement of branded products: price negotiation, and open bidding in Group 1 under Circular No.15/2019/TT-BYT dated July 2019 regulating drug tenders at public hospitals. Specifically, off-patent pharmaceuticals (OPP) with many generic drugs in replacement in Group 1 will be included in open bidding for Group 1 drugs, while OPPs failing in procurement via price negotiation will be also included in tender of Group 1. As shown in Circular No.15, tenders of generic drugs are divided into five groups. Group 1 includes drugs manufactured entirely by a manufacturing line satisfying EU-GMP requirements or equivalent… Read full this story
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