Posted by Michael Wonder on 19 Dec 2016
Japan to review drug prices annually rather than every two years
19 December 2016 - The Japanese government plans to start reviewing drug prices every year, instead of every two years, to try to reduce mounting healthcare costs, government officials with direct knowledge of the decision said on Monday.
The move reflects growing resistance to rising drug prices around the world.
Japan will also review all drug prescription prices instead of limiting its list to pharmaceuticals judged to be far more expensive than their overseas counterparts.
