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Drug makers oppose new drug pricing reform

Published: 2011-09-26 06:59:00
Updated: 2011-09-26 06:59:00
The Korea Pharmaceutical Manufacturers Association and the government have clashed over the latter’s plan to cut drug prices by an average of 17 percent starting next year.

On Thursday, the KPMA issued a statement, declaring an all-out struggle against the government’s scheme, which was announced on August 12.

Asserting that the government’s “ill-conceived” plan would shake the pharmaceu...

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