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2025-07-01 18:53
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Policy
KPBMA proposes 'drug shortages¡¤API¡¤AI new drug' budget
by
Lee, Jeong-Hwan
Apr 1, 2025 05:52am
Amid both ruling and opposition parties discussing the allocation of a supplementary budget plan, the Korean pharmaceutical industry has begun requesting a supplementary budget for two key initiatives: the "Production Support Business for Drugs with Supply Instability" and the "Direct Support Business for the Production of Active Pharmaceutic
Policy
Advanced biodrugs subject to reimb eval before approval
by
Lee, Jeong-Hwan
Mar 31, 2025 05:59am
'Advanced biopharmaceuticals' will be added to the group of drugs that can receive drug reimbursement evaluations before receiving the government's official marketing authorization. The revision comes into effect from April 1st. On the 28th, the MOHW announced this through a notice of the product groups subject to the approval - insuranc
Policy
"Will maintain stability of essential¡¤short supply drugs"
by
Lee, Jeong-Hwan
Mar 28, 2025 06:39am
The government will reportedly provide necessary administrative support for a stable supply of essential drugs and medications and improve the system so that innovative new drugs and new medical devices can quickly introduced into medical practices. Preferential pricing for national essential drugs that use domestically sourced raw materi
Policy
"Regulatory hurdle eliminated to simply refund-type RSA"
by
Lee, Jeong-Hwan
Mar 28, 2025 06:37am
The government saw eliminating regulatory hurdle as a success in exempting the efficacy¡¤cost-effectiveness evaluation procedure during the 'third-contract termination evaluation' for pharmaceuticals on the basic refund-type RSA for over 10 years. Even drugs that have been subject to fines or other administrative sanctions can still have
Policy
Vocabria¡¤Rekambys newly listed¡¦expanded reimb for Xeljanz
by
Lee, Jeong-Hwan
Mar 26, 2025 06:00am
The HIV treatments Vocabria (cabotegravir) and Rekambys (rilpivirine) will be newly added to the National Health Insurance reimbursement list next month. The scope of reimbursement will be expanded for Pfizer's autoimmune diseases treatment Xeljanz (tofacitinib), Novartis' Cosentyx (secukinumab), and Daewoong's erosive gastroesophageal ref
Policy
New law proposed for the cancer and rare disease fund
by
Lee, Jeong-Hwan
Mar 25, 2025 05:54am
A bill to establish a new fund for cancer and rare diseases to strengthen patient access to ultra-high-priced drugs has been proposed to the National Assembly. The fund will be raised through transfers and deposits from other funds, such as the lottery fund. On the 24th, National Assembly member Myeong-ok Seo (People Power Party), a me
Policy
Tepmetko, Tevimbra granted reimbursement in Korea
by
Lee, Tak-Sun
Mar 24, 2025 05:52am
New anticancer drugs Tepmetko and Tevimbra will be included in the list of reimbursed drugs as of April 1 in Korea. In addition, the economic burden on the patients is expected to be significantly reduced as the co-insurance rate for abiraterone acetate drugs such as Zytiga has been reduced for the first-line treatment of castration-resis
Policy
How Tevimbra was reimbursed in Korea first
by
Lee, Tak-Sun
Mar 24, 2025 05:52am
BeiGene Korea's Tevimbra will be reimbursed in Korea from next month as a second-line treatment for esophageal squamous cell carcinoma, a type of esophageal cancer. It is the first immuno-oncology drug to be covered for esophageal cancer. In particular, the drug is drawing attention as it was covered in South Korea before the A8 countries
Policy
Enhertu¡¯s reimb may be extended to gastric cancer
by
Lee, Tak-Sun
Mar 21, 2025 05:59am
The number of patients who can use the new antibody-drug conjugate (ADC) anticancer drug ¡®Enhertu Inj (trastuzumab deruxtecan, Daiichi Sankyo Korea), which has been reimbursed since April last year, is expected to be expanded to cover eligible gastric cancer patients. This is an expansion in the scope of existing patients eligible for reimb
Policy
Public-private meetings on improving drug pricing system
by
Lee, Tak-Sun
Mar 20, 2025 06:00am
Attention has been gathered to recent public-private meetings regarding improving drug pricing system. This month, a public-private discussion session hosted by the Ministry of Health and Welfare (MOHW) and a meeting to discuss the negotiation system for expanded use of scope were held. On March 26, a regular meeting session was attende
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