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…
COMMENTARY
Ukraine War Sheds Light on Vulnerabilities in Pharmaceutical Supply Chains in Emergencies
The impact of the Russia-Ukraine war on Japan’s pharmaceutical industry has become clearer now that nearly two months have passed since the conflict began. The only API imported to Japan from either country is the anticancer drug epirubicin, but the…
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COMMENTARY
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As Japan approaches the Fiscal System Council’s “autumn recommendation,” a notable shift is taking shape. The Ministry of Finance (MOF),…
Japan is considering a new approach to its “special” market expansion re-pricing that would exclude drug sales tied to private…
Japan’s Central Social Insurance Medical Council (Chuikyo) on November 5 approved the reimbursement listing for a slate of new medicines,…
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Japan’s all-important reimbursement policy panel on December 20 approved an outline of drug pricing reforms for FY2024, which enshrines a…