As Japan approaches the Fiscal System Council’s “autumn recommendation,” a notable shift is taking shape. The Ministry of Finance (MOF),…
REGULATORY
FY2014 NHI Drug Pricing Reform – Part 4: “Precursor Premium” to Be Introduced, but Hurdle Will Be High; Prices of a Wider Range of New Products to Be Adjusted Based on Average Foreign Prices
A special feature of the FY2014 revision of drug pricing rules will be the introduction of a new “precursor premium” for new drugs with new mechanisms of action that receive approval in Japan before the rest of the world. At…
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