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Korean, Foreign Pharms Call For ‘Reasonable’ Drug Price System

This article was originally published in PharmAsia News

Executive Summary

South Korean and foreign pharma firms have jointly urged the Korean government to postpone a planned drug price cut by one year in an effort to overcome the impact of the MERS outbreak, and have promised to cooperate to propose a balanced new drug pricing system as well as to recommend steps to promote better R&D in the sector.

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