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[Reporter's View] Patent expired original

By Lee, Tak-Sun | translator Kim, Jung-Ju

23.05.01 05:50:14

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For original drug patents that have expired, the upper limit is adjusted under the authority of the Ministry of Health and Welfare when a generic drug with the same product appears. Original drugs will be reduced to 70% of the previous price for one year, and from the second year onwards, the price will drop to the same 53.55% level as generic drugs. If the price drops by half, sales are likely to drop in proportion to him. That's what we call performance cut in half.

Therefore, from the company's point of view, it is necessary to devise a strategy to prevent generics from being produced. First, it is to delay the expiration of the patent. In order to further guarantee the validity of a 20-year substan

Lee, Tak-Sun(hooggasi2@dailypharm.com)
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