70% of the price is reduced for 70% of the purchase volume. Can Changchun Hi-Tech, whose stock price "flash crash" under centralized procurement, still hold up?

The sword of Damox hanging over Changchun Gaoxin's head fell
.

After several rumors, soliciting opinions and market speculation, the most important product supporting Changchun Hi-Tech's performance, recombinant human growth hormone, has finally been included in the scope of centralized procurement

Recombinant human growth hormone, the most important product supporting Changchun Hi-Tech's performance, was finally included in the scope of centralized procurement

01.

At present, the main sales areas of domestic growth hormone are distributed in Beishangguang, Jiangsu and Zhejiang coastal cities.

Jinsai Pharmaceutical’s first-year pre-purchase volume of medical insurance designated social medical institutions In terms of public medical institutions, there are 3 water injections and 5 powder injections reported according to the type of growth hormone.
Businesses with two types of growth hormones
.

The pre-purchased volume in the first year of the water injection period is about 129,000 pieces, and the powder injection is 309,000 pieces

The pre-purchased volume in the first year of the water injection period is about 129,000 pieces, and the powder injection is 309,000 pieces

In terms of the first-year pre-purchase volume of Jinsai Pharmaceutical's public medical institutions, due to the large number of types involved, all 276 drugs in this centralized procurement are divided into blood products, glucose/sodium chloride/glucose-sodium chloride injection, There are four categories of non-exclusive drugs and exclusive drugs, and the highest effective declared price/maximum daily average cost of each drug is set
.

The specific rules are quite complicated, and each company makes quotations by category

Specific to the recombinant growth hormone, the document stipulates that the company should refer to the lowest price of the company, and quote according to 2 steps

Jinsai Pharmaceutical's water injection and powder injection specifications have previously been listed on the Internet and their prices (source of the lowest online price: Yaozhi.
com) In May last year, Changchun Hi-Tech once said in response to a letter about medical insurance in Guangdong Province that was reported on the Internet, it is expected that in the near future It is unlikely that the state will promote the centralized procurement of biological drugs, and it is analyzed that even if centralized procurement, the time for the inclusion of water injection may not be ripe, and the possibility of powder injection is more likely
.

This time, the water needle was not only included but also greatly reduced in price, which must have exceeded the expectations of Changchun Hi-Tech

This time, the water needle was not only included but also greatly reduced in price, which must have exceeded the expectations of Changchun Hi-Tech

02.

"It will be a matter of time before the Guangdong alliance expands to other regions, and then realizes national linkage
.
" "When the number of original research drugs plus generic drugs that have passed the consistency evaluation reaches three, the products are in the medical insurance catalogue, clinically necessary, and the dosage is large and the amount is large.
High varieties may trigger the national centralized procurement mechanism
.
"