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  • BMS loses the trial to revoke Eliquis¡¯ 30% price cut
  • by Kim, Jin-Gu | translator Byun Kyung A | Dec 24, 2019 06:09am
Administrative Court dismisses plaintiff¡¯s claim, the reduced price to be applied from next year
BMS hasn¡¯t confirmed filing another appeal
Bristol-Myers Squibb (BMS) filed an administrative litigation to appeal against the government¡¯s decision to lower pricing of new oral anticoagulant (NOAC) Eliquis (apixaban), but lost the case regardless.

At a trial to revoke the Maximum Drug Reimbursement Price Adjustment order by the Minister of Health and Welfare on Dec. 19, Seoul Administrative Court has decided to dismiss the plaintiff, BMS¡¯ appeal. The court also ordered the plaintiff to pay for the litigation cost.

According to the court ruling, the Eliquis price reduction already postponed twice would be enforced soon. However, BMS has not confirmed their intention to file another appeal.

The legal dispute between BMS and MOHW over lowering pri
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