PHARMA JAPAN welcomes JETRO New York’s Shunsuke Tani as a guest columnist. In occasional contributions, Tani will share his perspectives on US pharmaceutical policy, industry developments, and life in America, drawing on his firsthand experience in the US.---Hello from New…
REGULATORY
Industry Casts Doubt on “1.25 Times” Threshold for Downward Tweak under Foreign Price Adjustment Rule
A key pharma industry official on December 9 questioned the reasonability of the current “1.25 times” threshold for downward adjustments under the average foreign price rule, which is used in the initial price-setting of newly approved drugs. “From the standpoint…
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