Korea & US agree to revise and improve pricing system for global innovative new drugs

Published: 2018-03-28 16:49:08

Updated: 2018-03-28 16:49:08

The Korean and U.S. governments have come to an agreement to revise and improve the global innovative new drug pricing system at the FTA renegotiation.

The Ministry of Trade, Industry and Energy(MOTIE) announced this through the ‘Reference Sheet for the Korea-US TFA Renegotiation on the 26^th.

According to the MOTIE, the two countries had a renegotiation for the Korea-US FTA in the middle of M...

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