Insured Price of Generic Medicine Set at 80% of Registration

The pricing strategy for medicine by pharmaceutical companies will change inevitably because of practically lower margins after the insured price of new generic medicine with the same component was set at 80% of registration, a decrease of 10% from the original 90%.

The Ministry of Health and Welfare announced Notice 2001-59, which revised 'Regulation Standard and Settlement of Undecided Ac...