Korea Takes Its First Step Reimbursing IO Drugs

Amid repeated calls industry, South Korea decides to pay for Keytruda and Opdivo in its first reimbursement of immuno-oncology drugs, albeit at limited scope. The government is poised to expand reimbursement of IO drugs going forward amid its plan to significantly expand health insurance coverage.

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South Korea has decided to reimburse Merck & Co. Inc.'s Keytruda (pembrolizumab) and Bristol-Myers Squibb Co.'s Opdivo (nivolumab), marking its first reimbursement of immuno-oncology drugs, to sharply lower the financial burden of patients and improve market access of these drugs.

However, reimbursement has been limited to certain patient populations to prevent misuse of the drugs

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