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Govt ‘is considering measures to overcome Korea Passing’

By Lee, Jeong-Hwan | translator Alice Kang

24.10.16 05:29:57

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MOHW “will resolve the issue of poor access to new drugs for domestic patients"

Representative Myung-ok Seo also calls for policies to support the development of new drugs for chronic diseases


The government has responded that it will come up with measures to ensure a stable supply of new drugs, including a dual pricing system, to overcome the so-called ‘Korea passing’ phenomenon, in which domestic and foreign pharmaceutical companies avoid launching their drugs in the domestic market and target overseas markets first, citing excessively low drug prices set by the government.

The government also said it would consider measures that could boost the development of new drugs targeting chronic diseases.

On the 14th, the MOHW responded so to a written inquiry submitted during the NA Audit by Representative Myung-ok Seo of the People Power Party.

The lawmaker asked

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