Japan’s changing political power balance is shaking up debate around policies for reimbursement price cuts for prescription drugs under the national health insurance (NHI) system, although the likely outcome is still unclear.
Prime Minister Shigeru Ishiba’s Liberal Democratic Party (LDP) has dominated both the Upper and Lower houses of Japan’s parliament for decades, but lost its majority in the latter in a snap general election in October, reflecting public anger over recent funding scandals
While the LDP government has recently provided more budget to support the development and launch of innovative drugs in Japan, including a total of JPY44