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Returned goods headache in pharmaceutical industry

Published: 2011-10-31 06:58:00
Updated: 2011-10-31 06:58:00
The government needs to deal with returned goods in pharmacy as retail drug prices are expected to fall about 17 percent on average beginning next year following a set of government-led reforms, market observers said.

A report released by the Korea Pharmaceutical Manufacturers Association forecast that the scheme would reduce the industry’s annual sales revenue by 2.1 trillion won.

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