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BioWorld - Monday, March 16, 2026
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Home » Chinese drugmakers ride wave of VAT cuts on rare diseases
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Chinese drugmakers ride wave of VAT cuts on rare diseases

Feb. 27, 2019
By Alex Ho
HONG KONG – Chinese drugmakers have gotten a boost in the wake of the Chinese government's announcement to cut the value-added tax (VAT) on treatments for a range of rare diseases, in the country's latest move to overhaul its health care system and expand access to better-quality and cheaper drugs.
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