28 Nov 2024: AstraZeneca’s Enhertu drug added to China’s state insurance list
AstraZeneca’s Enhertu drug will be included in China’s state-run health insurance scheme starting January 1, making it more accessible to the public
While the inclusion of Enhertu in the reimbursement list will increase its availability in China, the price will likely decrease by 63% on average, which could reduce potential revenue despite higher sales volume
Enhertu is designed for breast cancer patients with HER2-positive disease, a condition affecting around 20% of breast cancer patients. Breast cancer is the second most common cancer in women in China, after lung cancer
China, the world’s second-largest pharmaceutical market, is a key focus for AstraZeneca, contributing 13% of its overall revenue. Enhertu’s inclusion in the insurance scheme reflects AstraZeneca’s deep investment in the region