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Korean generic medicines deemed expensive

Published: 2008-05-28 07:00:00
Updated: 2008-05-28 07:00:00
The Korea Development Institute (KDI) said on May 22 Korean generic medicines that require health insurance coverage are 4 times higher than those in seven other countries, including the United States.

The KDI also said that the prices of Korean generic medicine are improperly charged, calling for the government to press pharmaceutical companies to charge globally competitive prices.

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