REGULATORY

Japan Saves 431.5 Billion Yen in Drug Price Cuts, Curbs Social Security Costs: FY2021 Draft Budget

December 21, 2020
Japan’s Cabinet on December 21 approved a draft budget for FY2021, including a reduction of 431.5 billion yen in drug expenditures through its first “off-year” re-pricing, which works out at a 100.1-billion-yen slash on a central government spending basis. The…

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