I had a look at drug pricing in China a while ago, the authorities there can extract significant discounts on drugs even up to 60% from Western drug companies. Also health insurance is not clear cut, I read of one particular insurance that Chinese citizens use where they pay a nominal amount and the coverage is quite low (from memory $80k or less?".
However, such is the size of the population that even just concentrating on middle classes in Chinese coastal cities is still very lucrative.
I have no doubt that from what I've seen thus far regarding Illucix pricing and the discounts given to hospital clients etc that Telix will aggressively price Illucix for expeditious deployment in China. I presume even at 60% discount revenues will be substantial indeed.
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