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Drug price-cut policy angers drug makers

Published: 2009-09-17 06:58:00
Updated: 2009-09-17 06:58:00
Local and foreign drug manufacturers are opposing the Korean government’s plan to readjust the price of insurance-covered medicines.

Their reaction came out after the Ministry of Health and Welfare announced the plan to cut the prices of medicines manufactured by domestic and foreign companies to reduce its soaring insurance coverage for medicines.

Aimed at providing cheaper drugs for pa...

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