Government urged to complement positive list system

Korea needs to introduce a reference price system (RPS) by stages in a bid to complement the current new pricing policy, the so-called positive list system, Professor of Sookmyung Women's Unversity Lee Eui-kyung said at a local symposium.

The RPS will induce the reduction of drug prices in a manner such that pharmaceutical firms may voluntarily determine the drug prices to boost their marke...