A pharmacy in downtown Seoul is crowded with customers on Wednesday. As Covid-19 continues and the shortage of cold medicine intensifies, the government is planning to ease the application of its so-called drug price interlocking system.
A pharmacy in downtown Seoul is crowded with customers on Wednesday. As Covid-19 continues and the shortage of cold medicine intensifies, the government is planning to ease the application of its so-called drug price interlocking system. According to the pharmaceutical industry on Wednesday, the Ministry of Health and Welfare is planning to hold a working-level consultation with companies to ease the application of the drug price interlocking system this month. The system lowers drug prices through negotiations with pharmaceutical companies when the amount of drugs covered by health insurance increases, in order to reduce drug spending. [NEWS1]
![A pharmacy in downtown Seoul is crowded with customers on Wednesday. As Covid-19 continues and the shortage of cold medicine intensifies, the government is planning to ease the application of its so-called drug price interlocking system. According to the pharmaceutical industry on Wednesday, the Ministry of Health and Welfare is planning to hold a working-level consultation with companies to ease the application of the drug price interlocking system this month. The system lowers drug prices through negotiations with pharmaceutical companies when the amount of drugs covered by health insurance increases, in order to reduce drug spending. [NEWS1]](https://img3.daumcdn.net/thumb/R658x0.q70/?fname=https://t1.daumcdn.net/news/202208/17/koreajoongangdaily/20220817185143742mkeu.jpg)