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Leading drugmakers are in distress over legal action

Published: 2012-03-13 06:58:00
Updated: 2012-03-13 06:58:00
Korea’s major pharmaceutical firms are under fire due to their lukewarm attitude on legal action against the government’s price cut plan.

The government plans to slash the price of about half the drugs on the market by an average of 14 percent in April.

The move, designed to reduce national health insurance expenditures, left pharmaceutical companies vowing to resist the measure, which th...

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