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Korean drugmakers protest against relentless price cuts

Published: 2011-09-01 06:59:00
Updated: 2011-09-01 06:59:00
The Korea Pharmaceutical Manufacturers Association has vehemently protested against the government’s new price cuts.

In a second statement issued on Tuesday, the KPMA said that although the government is seeking to save money by slashing the prices of prescription drugs, the measures will thwart the local pharmaceutical firms from reproducing the new drugs, adding local drug prices are expec...

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