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Will losses from drug price cut dispositions be recovered?

By Lee, Jeong-Hwan | translator Alice Kang

22.04.15 06:18:19

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Pharma companies "Compensate for damage until losses incurred are fully recovered¡±

Claims for the need for deliberation committee to calculate the losses from disease code deletion and adverse effects on market share, etc.


The Ministry of Health and Welfare and the pharmaceutical companies are intensely arguing over the application of an indemnification system where the pharmaceutical company¡¯s damages are refunded by the government if they win the administrative suits for price cuts and reimbursement suspensions.

As the system has already met the administrative notice period and completed the Regulation Reform Committee procedures, all that is left is for the MOHW to decide upon its implementation and period, but the pharmaceutical companies have been raising issues and requesting the government to amend the specifics in the bill.

On the 14th, the MOHW had announced it had started an internal review pr

Lee, Jeong-Hwan(junghwanss@dailypharm.com)
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