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  • 'Apply preferential pricing to non-inferior new drugs'
  • by Lee, Tak-Sun | translator Kim, Jung-Ju | Aug 11, 2023 05:35am
Will the industry's request be accepted and a policy be announced next month?
The current drug pricing calculation structure sets drug prices less than weighed average of its alternative
Industry asks for the highest price of its alternatives to compensate for the non-inferior new drug¡¯s innovative value
With the government planning to release a drug price reform plan that includes a fair value compensation plan for innovative new drugs as early as next month, attention is focused on whether the reform will include a preferential measure for new drugs that demonstrate non-inferiority.

This is because most of the new drugs that domestic pharmaceutical companies have successfully developed are new drugs that have demonstrated non-inferiority to existing drugs.

Until now, non-inferior new drugs have been listed at a price below the weighted average of its alternatives. Therefore, the industry has been criticizing how the prices do not properly reflect the innovativeness of the developed new drugs. In addition, industr
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