China’s First CAR-T Trial: “Pay-for-Performance” Introduced!
China’s First CAR-T Trial: “Pay-for-Performance” Introduced!
China has taken a groundbreaking step towards pay-for-performance! Fosun Kite announces an exciting initiative: the Β₯1.2 million(RMB) #CARTcell therapy will now be paid based on its effectiveness!
NO CR – Refund
This means that eligible patients using Fosun Kite’s #CARTtherapy, #Axicabtagene Ciloleucel, will undergo effectiveness assessment three months after drug purchase and infusion. If complete remission (CR) is not achieved, patients will receive a refund of up to Β₯600,000(RMB)!
This innovative payment model
is not only China’s first for lymphoma drugs but also the country’s first for bio-innovative drugs!
is an immunotherapy method that involves genetically modifying a patient’s T cells outside the body to recognize specific tumor targets before reinfusing them to precisely combat #tumors. Currently, five products, including Fosun Kite’s #AxicabtageneCiloleucel, have been approved domestically.
Β Β Β As a form of immunotherapy, CAR-T cell therapy works by collecting a patient’s T cells and genetically modifying them outside the body to recognize specific tumor targets. These modified T cells are then reintroduced into the patient, enabling precise targeting and attacking of tumors. Currently, there are five approved products domestically, including Axicabtagene Ciloleucel from Fosun Kite, Relmacabtagene Autoleucel from JW Therapeutics, Equecabtagene Autoleucel from IASO Bio, Inaticabtagene Autoleucel from Juventas, and Zevorcabtagene autoleucel from CARsgen.