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Foreign drugmakers to face heavy fines over rebate

Published: 2008-12-08 06:55:00
Updated: 2008-12-08 06:55:00
The Fair Trade Commission said on November 2 that they would disclose that seven pharmaceutical companies have been offering rebates or donations to major hospitals and wholesalers under various pretexts.

Pfizer Korea, GlaxoSmithKline, MSD Korea, Lilly Korea, Otsuka Korea, Daewoong Pharm and Jeil Pharm will be included in the list.

According to the FTC, most of the pharmaceutical companie...

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