Drug firm fined for illegal rebate

Published: 2011-01-19 06:56:00

Updated: 2011-01-19 06:56:00

The government is taking a carrot-and-stick approach to the pharmaceutical industry, by encouraging development of new drugs with possible tax incentives on one hand and forcing two pharmaceutical firms to suspend operations for illegal rebate activities on the other.

However, a district court in Daegu ruled a pharmaceutical firm for illegal rebate activities on Friday.

Accused of provid...

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