Posted by Michael Wonder on 06 Dec 2016
U.S. ‘disappointed’ by Japanese plan to cut drug costs
6 December 2016 - Secretary of Commerce Penny Pritzker has written to a senior aide of Prime Minister Shinzo Abe.
The U.S. government has written to a senior aide of Japan’s Prime Minister Shinzo Abe, calling on Tokyo to reconsider a plan that would allow more frequent pharmaceutical price cuts.
The letter from Secretary of Commerce Penny Pritzker describes how the U.S. is “disappointed” by the Japanese plan to reduce drug prices. Tokyo’s policies “raise serious concerns about the incentive structure for health-care products, as well as about the market’s predictability and transparency,” it said.
