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  • Choline alfoscerate companies anxious of returning claims
  • by Chon, Seung-Hyun | translator Byun Kyung A | Jul 31, 2020 06:34am
Some generics included for the PVA negotiation
A drug with PVA revoked from approval in reevaluation has to return claimed amount
Returning prescription sales made from removed indication burdens companies
Companies with cognitive enhancer choline alfoscerate products are to face another hurdle. Specifically, the companies are concerned of the clause stipulating the return of the claimed reimbursement when failing the clinical reevaluation during the pricing renegotiation for a product surging in sales. As South Korea¡¯s Ministry of Food and Drug Safety¡¯s (MFDS) clinical reevaluation process has been set, some companies are faced with marketing approval revocation and prescription sales return in the worst case scenario.

According to pharmaceutical industry sources on July 30, the price-volume agreement (PVA) negotiation that National Health Insurance Service (NHIS) and pharmaceutical companies are to engage has inc
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