Multinational drug firms calls for reconsideration of government-led price reduction measures

Retail drug prices are expected to fall about 17 percent on average beginning next year following a set of government-led drug pricing reforms, the government said Friday.

However, multinational drug manufacturers called on the Korean government to reconsider the plan bring about the largest-ever reduction in drug prices since the separation of medical dispensing and prescribing in 2000.

...