Impact of China's drug policy will be visible soon, says Jefferies

The first tenders under the new drug program on China's insulin market are expected in late November and early December. The impact of said program is anticipated to be seen around the New Year, and implementation is slated for early 2022, according to the US-based bank Jefferies.

Photo: Tidsvilde Stine/Ritzau Scanpix

China's new drug policy is predicted to have a big impact on Novo Nordisk's insulin sales on the lucrative national market, says the US-based bank Jefferies after a meeting with Novo's Daniel Bohsen, corporate vice president and head of investor relations at the company.

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