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Drugmakers oppose government’s drug price cut plan
Published: 2011-08-12 06:57:00
Updated: 2011-08-12 06:57:00
The Korea Pharmaceutical Manufacturers Association said Wednesday that it has vehemently opposed to the government’s another price cuts for generic drugs.
In a board of directors meeting, the association said that the proposed drug price cuts will worsen the market environment for local drug makers.
With multinationals taking up three-quarters of the local drug market, the KPMA said Korea...
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