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Policies need to provide better environment for good pharmaceutical firms

Published: 2011-10-27 07:00:00
Updated: 2011-10-27 07:00:00
The amended law has made doctors and pharmacists as well as pharmaceutical firms subject to punishment if they are found to have been involved in illegal deals. Policymakers hoped this dual punishment clause would reduce kickbacks significantly.

It turned out to be wishful thinking. If anything, the revised law has led drug companies to employ methods that are more difficult to detect. As a...

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