Government urged to support pharmaceutical companies to gain global competitiveness

Published: 2012-01-31 06:56:00

Updated: 2012-01-31 06:56:00

In addition to the rebate regulation solution, the Ministry of Welfare needs to find ways of supporting pharmaceutical companies to gain global competitiveness and at the same time, innovative incentives are needed to spur the creation of new drugs and increase R&D, experts claim.

They point out that Korea’s pharmaceutical industry has faced the biggest crisis in the midst of soaring researc...

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