KRW 100 bil loxoprofen market suffers reimb cuts
By Chon, Seung-Hyun | translator Kim, Jung-Ju
23.09.18 06:20:25
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HIRA makes pre-announcement on the removal of loxoprofen¡¯s antipyretic analgesic indication from reimbursement
Use of loxoprofen as an antipyretic analgesic had increased during the COVID-19 pandemic
Pharmaceutical companies inevitably lose prescriptions if they lose reimbursement
Industry concerns are rising on the announcement of reimbursement cuts for the nonsteroidal anti-inflammatory drug ¡®loxoprofen.¡¯ The adequacy of its reimbursement as an antipyretic/analgesic for acute upper respiratory tract inflammation has not been recognized by the authorities in Korea, and its scope of prescriptions is set to be narrowed as a result. As reimbursement for this particular indication has rapidly increased since the COVID-19 pandemic, the losses felt by pharmaceutical companies are expected to be even greater.
According to industry sources on the 13th, the Health Insurance Review and Assessment Service concluded that only 2 out of the 3 indications for loxoprofen are eligible for reimbur
Chon, Seung-Hyun(1000@dailypharm.com)
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