Â鶹´«Ã½

Skip to main content

Pfizer's Paxlovid not included in China's national insurance

Doses of the anti-viral drug Paxlovid are displayed in New York on Aug. 1, 2022. (AP Photo/Stephanie Nano, File) Doses of the anti-viral drug Paxlovid are displayed in New York on Aug. 1, 2022. (AP Photo/Stephanie Nano, File)
Share
TAIPEI, Taiwan -

Chinese health care authorities declined to include Pfizer's COVID-19 treatment drug in a national reimbursement list that would have allowed patients to get it at a cheaper price throughout the country, saying it was too expensive.

Paxlovid, an oral medicine developed by New York-based drugmaker Pfizer, has been widely sought after in China since the country began phasing out its "zero-COVID" restrictions and a surge of infections started sweeping through the country. Although it is supposed to be prescribed by medical professionals, that hasn't stopped people from scrambling to purchase it on their own through any means at their disposal -- including buying generic Indian versions of the drug through the internet, according to local media reports.

Health care policymakers can leverage bulk purchases to lower prices in negotiations with pharmaceutical companies that, in turn, can net a steady source of revenue. A drug must be included on the reimbursement list to be covered by the national insurance scheme. China will include two other COVID-19 drugs, the Chinese-made antiviral Azvudine and the Chinese herbal blend medicine Qingfei Paidu Granules, the National Healthcare Security Administration said in a statement Sunday.

Paxlovid will still be available for use for those patients who can afford it. Paxlovid and Azvudine are prescription drugs used to prevent mild COVID-19 cases from becoming more severe.

Pfizer's CEO Albert Bourla said the company was working directly with Chinese authorities who have shown "tremendous interest" in the treatment. "We are sending as much Paxlovid as we can," he said Monday in an interview with CNBC. He did not mention Paxlovid being excluded from the national reimbursement list.

While the Chinese government has blocked the import of non-Chinese-made vaccines such as the Pfizer mRNA shot, relying on domestically made vaccines, it nonetheless approved the company's COVID-19 drug for import in February 2022.

The country is grappling with a major COVID-19 wave, as the virus has swept through major cities such as Beijing and Chengdu. Sunday was the first day in almost three years that visitors no longer needed to quarantine when traveling to China.

CTVNews.ca Top Stories

Days after a political sign was erected outside Lululemon founder Chip Wilson's Vancouver mansion, the waterfront property has been vandalized with graffiti.

A disgraced Winnipeg high school football coach convicted of sexual assault and luring will spend 20 years behind bars.

Two people are in hospital after they were chased and shot at in what appears to be an act of road rage before eventually flipping their car while trying to escape, police say.

Toronto Coun. Michael Thompson 'forced himself on' a woman who awoke to find him standing over her after she fell asleep drunk, the Crown alleged Monday, as the five-day sexual assault trial of the six-term politician began in Bracebridge, Ont.

Local Spotlight

Videos of a meteor streaking across the skies of southern Ontario have surfaced and small bits of the outer space rock may have made it to land, one astronomy professor says.

A unique form of clouds made an appearance over the skies of Ottawa on Sunday evening.

Bernie Hicks, known as the ‘Batman of Amherst,’ always wanted to sit in a Batmobile until a kind stranger made it happen.

Bubi’s Awesome Eats, located on University Ave West took to social media to announce the closure on Friday.

Weeneebayko Area Health Authority and the Government of Ontario have awarded a $1.8 billion fixed-price contract to design, build and finance a new Far North hospital.

Manitobans are in cleanup mode after intense winds barreled through southern parts of the province this weekend.

Avry Wortman, 13, scored two touchdowns on Sunday during her team's win in the under 14 Greater Moncton Football Association.

A gargantuan gourd – affectionately named ‘Orangina’ by the urban gardeners who grew it in the front yard of their Vancouver home – earned the massive honour of being named B.C.’s heaviest giant pumpkin Saturday.

Chantal Kreviazuk is set to return to Winnipeg to mark a major milestone in her illustrious musical career.

Stay Connected