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Validation system restricts new application for ethicals
Published: 2008-07-16 06:59:00
Updated: 2008-07-16 06:59:00
Influenced by the implementation of validation system on prescription drugs from July 1, pharmaceutical companies are now hesitant to file a new application for their prescription drugs.
“Now that there has been no new application for prescription drugs until recently, we predict that the number of product licenses would plunge,” said an official at the Korea Food and Drug Administration.
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