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Debate flares up over domestic generic drug price
Published: 2009-10-16 07:00:00
Updated: 2009-10-16 07:00:00
The Korean Research based Pharmaceutical Industry Association (KRPIA) and the Korea Pharmaceutical Manufacturers Association (KPMA) have conflicting views on the prices of local generic drugs.
The KRPIA said in its 2009 report that Korea’s top pharmaceutical companies on average spend 40 percent of their annual revenue on marketing and hospitality.
The report also said this is a dispropor...
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