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Voluntary agreement against illegal rebate unveiled

Published: 2009-07-30 06:58:00
Updated: 2009-07-30 06:58:00
The Korea Pharmaceutical Manufacturers' Association and the Korean Research-Based Pharmaceutical Industry Association have come up with detailed standards defining rebates in their self-imposed agreement for transparent business practices.

The two organizations asked for its approval to the Ministry for Health, Welfare and Family Affairs on July 28.

The move comes prior to the implementa...

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