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Preferential pricing possible for non-innovative new drugs

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

24.02.07 16:29:14

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According to the 2nd NHI plan, pharmaceuticals that are not innovative new drugs may receive preferential drug pricing

New drugs of Jeil and Dong-A ST are expected to receive preferential benefits¡¦A public-private consultative body will establish the criteria



The government has announced a plan allowing new drugs developed by pharmaceutical companies not designated as Korea¡¯s innovative pharmaceutical companies to be eligible for preferential drug pricing. This has turned attention to whether Jeil Pharmaceutical¡¯s new drugs will benefit from this plan.

On the 4th, the Ministry of Health and Welfare (MOHW) announced the 2nd comprehensive National Health Insurance plan (2024~2028), stating that the ministry will establish a measure to provide preferential drug pricing to pharmaceutical companies, regardless of their innovative new drugs designation status, that advance healthcare and establish a stable supply chain.

The current plan of

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