Sovaldi Archives | Be Korea-savvy

Chinese Temporary Residents Buy Up Expensive Drugs at a Discount; South Korea Pays the Rest

SEOUL, Oct. 19 (Korea Bizwire) – A National Health Insurance Service (NHIS) report submitted to the National Assembly’s Health and Welfare Committee on October 18 revealed that from 2013 through September of this year, the NHIS subsidized 18.9 billion won in hepatitis C treatment for foreign nationals. From 2013 to 2015, annual subsidies ranged from [...]

Who Can Afford Gilead’s US$1,000 Pill Daily?

SEOUL, Sept. 18 (Korea Bizwire) – As Sovaldi, a new drug for the hepatitis C virus developed by US-based biotechnology company Gilead, has been approved by the Ministry of Food and Drug Safety of Korea, speculation is mounting over how much it will cost in Korea. The drug is currently being sold for US$1,000 a pill [...]