Government to cut drug prices of 20 drug makers

Now that 20 pharmaceutical firms were caught offering kickbacks to doctors, the price paid for the drug will be lowered by up to 20 percent.

In August of 2010, the Ministry of Health and Welfare introduced a rule which slashes the price of a drug by up to 20 percent if its producer is found to have offered kickbacks to promote its sales. The drug company would face another 20 percent price c...