‘Things to know’ about newly-adjusted pharma industry policies in 2017

While the cycle for drug price cuts will be adjusted from a year to 2 years from this year, punishment for drug rebates will be tightened.

Moreover, sellers of shortage-prevented drugs for less than 91% of their upper limit price will be changed; if pharmaceutical companies want to renew their products before enforcement of the Product Approval Renewal System on January 1 2018, they need to co...