Discussions are underway in and outside the pharmaceutical industry to explore a new NHI price revision method for listed medicines that could replace the current rules based on market prices. Parties like the Study Group on Drug Pricing and Distribution…
REGULATORY
MHLW Proposes Earlier Price Cuts for Off-Patent Drugs with 80%-Plus Gx Rates, but Chuikyo Questions 2-Year Grace Period
The Ministry of Health, Labor and Welfare (MHLW) on November 22 tendered a proposal to shorten the current price reduction timeline for off-patent branded drugs called long-listed products (LLPs) if their generic replacement rates reach 80%. However, a two-year grace…
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