As CEO of Morunda, I had the privilege of interviewing Bill Schuster, Country Manager of Viatris in South Korea. Our conversation delved into the multifaceted nature of leadership in the healthcare industry, exploring challenges, successes, and the power of authenticity.A…
REGULATORY
Finance Minister Pushes Drastic Price Cuts for Off-Patent Drugs with Low Generic Penetration
Japan should slash the NHI prices of long-listed drugs, or off-patent medicines, with lower-than-expected generic substitution rates, Finance Minister Taro Aso urged at a powerful government advisory panel on November 15. At a meeting of the Cabinet’s Council on Economic…
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A total of 43 innovative new medicines are anticipated to be approved or listed in Japan this year, according to a survey by Jiho. At the center of attention are some highly innovative, but probably ultra-expensive, gene therapies, as well…
For the first time in many years, Japan appeared to have pivoted to a pro-innovation path with the FY2024 drug pricing reform. All eyes were apparently on this course change as seen in this year’s most-read story list, though the…