Posted by Michael Wonder on 24 Dec 2025
Korea pharma groups warn price reform will cut 3.6 trillion won and cost jobs
22 December 2025 - Pharma associations form emergency committee to demand delay and joint review of planned generic price cuts.
Tensions are rising between the government and the pharmaceutical-bio industry over how to calculate the prices of generics—copycat drugs developed with the same ingredients and dosages as new drugs whose patents have expired.
