REGULATORY
Council Calls for Sharper Price Reductions for Long-Listed Drugs, Increase in Operating Profit Rate When Using Cost Calculation Method
The government’s Regulatory Reform Council (chairman: Motoyuki Oka, senior advisor, Sumitomo Corporation) finalized a proposal on new rules for pricing pharmaceuticals and medical devices at a meeting on August 22. The council would like to see the rules implemented in…
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REGULATORY
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Let’s be real: even with the best intentions, AI systems can reflect our own unconscious biases. As Daniel Kahneman and Amos Tversky famously demonstrated in their groundbreaking work on Prospect Theory, humans are prone to cognitive biases that influence our…





