How did China become a global leader in life sciences?

An NBER working paper by Barwick, Xia and Xia (2026) provides the answer: In 2010, China accounted for less than 8% of global clinical trials; by 2020, it had surpassed the US in annual registered clinical trial volume…We provide strong evidence that China’s rise was primarily driven by the National Reimbursement Drug List (NRDL) reform,…

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World’s Premier Cancer Institute Faces Crippling Cuts and Chaos

The Trump administration’s broadsides against scientific research have caused unprecedented upheaval at the National Cancer Institute, the storied federal government research hub that has spearheaded advances against the disease for decades. NCI, which has long benefited from enthusiastic bipartisan support, now faces an exodus of clinicians, scientists, and other staffers — some fired, others leaving…

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Top 10 Healthcare Economist posts of 2024

What were the most popular posts on Healthcare Economist this year? Here are the top 10 in descending order: Valuing the Societal Impact of Medicines and Other Health Technologies: A User Guide to Current Best PracticesThe world is relying on the United States to get value-based drug pricing rightWhy is the market design for innovative…

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Efforts To End School Vaccine Mandates Hit a Wall in Florida

Every state, along with Washington, D.C., requires children to obtain certain vaccinations before they can attend school or childcare. These mandates date back decades, and many public health experts consider them a foundational defense against infectious disease. Since the summer of 2025, Florida leaders have aimed to make the state the first to drop some…

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