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12 brand-name drugs prices to be cut

Published: 2012-01-27 06:59:00
Updated: 2012-01-27 06:59:00
The National Health Insurance Corp. says it is now negotiating with multinational firms to readjust the reimbursement prices for 12 brand-name drugs as their predicted volume is exceeded by a level of 60% from the previous year.

The negotiation will be made available until March 12, the NHIC said.

Under the current regulation, drug manufacturers and the NHIC will be called to discuss the ...

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