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KFDA warns price dumping in hospital bidding

Published: 2010-10-25 06:58:00
Updated: 2010-10-25 06:58:00
The Korea Pharmaceutical Manufacturers Association issued a warning against the possible pricing dumping acts in the local hospitals’ bidding arena.

In a circular letter delivered to the Korean Hospital Association on October 21, the KPMA said that the cash reward plan for doctors and pharmacists, which takes effect from this October, would put mounting pressure to lower drug prices and that...

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