Core Viewpoint - The implementation of drug traceability codes starting from July 1 aims to enhance the management of medical insurance drugs and combat fraud in the healthcare system [1][3][4]. Group 1: Drug Traceability Code Implementation - From July 1, all designated medical institutions must record the full traceability information of drugs sold under medical insurance, adhering to the standards of "full collection, code-based settlement, and code-based payment" [3][4]. - The traceability code serves as a unique "electronic ID" for each drug, ensuring that each box of medicine has a distinct code that cannot be replicated [4][5]. - By January 1, 2026, all medical institutions must fully upload traceability codes, establishing a complete drug traceability loop [4][5]. Group 2: Consumer Protection and Rights - Consumers can verify the sales history of a drug using the traceability code, which can serve as crucial evidence for protecting their rights [7][8]. - The National Medical Insurance Administration provides guidelines for consumers to ensure they only purchase drugs with valid traceability codes and to report any suspicious sales [8][9]. - Legal provisions allow consumers to claim significant compensation for purchasing counterfeit or substandard drugs, reinforcing consumer rights [8][9]. Group 3: Impact on the Pharmaceutical Industry - The traceability system is expected to reduce management costs by approximately 20% and improve operational efficiency by over 30% for pharmaceutical companies [10]. - The comprehensive application of drug traceability codes is anticipated to create a healthier and more compliant ecosystem in the pharmacy industry, facilitating a smoother implementation of policies [10][11]. - The transition to a digitalized pharmaceutical industry is seen as a new starting point for the sector, potentially leading to a surge in innovative drug listings [11].

Group 1 - The implementation of drug traceability codes will reshape the management ecosystem of medical insurance drugs in China, with a focus on preventing fraud and ensuring compliance [2][4][9] - Starting from July 1, 2025, new drug purchases must be scanned for traceability codes to settle medical insurance claims, while existing unmarked drugs will be managed under a transitional "unmarked library" [3][4] - By January 1, 2026, all medical institutions must fully collect traceability codes, establishing a complete drug traceability loop [3] Group 2 - The unique design of traceability codes, which includes features like uniqueness and detailed management, is crucial for regulatory effectiveness [2] - As of March 20, 2025, over 350 pharmaceutical production and distribution companies have connected to the traceability platform, with nearly 8,000 companies inquiring about the upload and query process [2] - The traceability code system is expected to reduce management costs by 20% and improve operational efficiency by over 30% for companies integrating with the national traceability platform [7] Group 3 - Consumers can verify drug sales and protect their rights using traceability codes, which should only have one sales record [6] - The current legal framework provides strong protections for consumers against fraud, allowing for significant compensation in cases of selling counterfeit drugs [7] - The comprehensive application of traceability codes is seen as a new starting point for the digital transformation of the pharmaceutical industry [9]