“Balance” seems to be the keyword for the next drug pricing reform in FY2024. Japan now appears ready to seek a better balance between evaluating innovative medicines and taking tough measures against companies dependent on long-listed products (LLPs) and generic…
REGULATORY
MOF Budget Examiner Presses for “Full” Annual Re-Pricing, Stepwise Cut in 2% Buffer Zone If No Reasonable Basis Given
Drug prices should be revised annually on a full basis, without differentiating “off-years” from years with medical fee revisions in order to reduce the national burden and eke out savings for innovation, a senior Ministry of Finance (MOF) official tells…
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