Taiwan's Biannual Price Cuts Has Companies Seeing Red
This article was originally published in PharmAsia News
HONG KONG - Taiwan's government plans to carry forward with a biannual round of cuts to drug prices despite intense opposition from the pharmaceutical industry
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Although Taiwan’s most recent cuts will have less impact than last go around, industry will still feel the pinch.
Companies threaten to pull drugs from the market if price cuts go through, but government pledges to move forward.
HONG KONG - Taiwan's health minister rescinded his resignation March 17 and said he would stay on the job long enough to implement a set of hikes on premiums under the National Health Insurance scheme in order to save the program