On July 31st, the 12th round of nationally organized bulk drug procurement will open for bidding in Shanghai, with bidding companies starting to enter the venue and submit quotation materials from 7:30 AM.

This procurement round includes 65 types of drugs, covering commonly used medications in areas such as anti-infection, anti-tumor, anti-thrombosis, blood glucose lowering, blood pressure lowering, blood lipid lowering, rheumatology and immunology, and anti-inflammatory and analgesic treatments.

At the bidding site, institutions including Bank of China, China Export & Credit Insurance Corporation, China Merchants Bank, Shanghai Pudong Development Bank, Bank of Shanghai, and the China Drug Price Registration System are introducing and providing financial support services such as "procurement loans," "traceability code loans," and "drug price registration" to bidding companies.