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Multinational drug firms calls for reconsideration of government-led price reduction measures

Published: 2011-08-17 06:58:00
Updated: 2011-08-17 06:58:00
Retail drug prices are expected to fall about 17 percent on average beginning next year following a set of government-led drug pricing reforms, the government said Friday.

However, multinational drug manufacturers called on the Korean government to reconsider the plan bring about the largest-ever reduction in drug prices since the separation of medical dispensing and prescribing in 2000.

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