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FTC officials raid pharmaceutical firms in rebate probe

Published: 2010-01-18 07:00:00
Updated: 2010-01-18 07:00:00
A team of officials from the Fair Trade Commission (FTC) raided the headquarters of CJ Jeildang and Janssen Korea on January 12 and 13, respectively, as part of a widening investigation into kickback allegations against these companies.

Eight FTC officials confiscated computer hard disks and accounting books at the CJ as well as Janssen Korea.

The FTC has been investigating six foreign co...

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