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Local drug makers to fare worse this year
Published: 2012-10-16 06:59:00
Updated: 2012-10-16 06:59:00
The outlook for Korean pharmaceutical companies’ earnings is taking a turn for the worse this year as the government has been investigating companies offering illegal rebates to hospitals and doctors.
The government’s massive crackdown is feared to hurt the companies' future earnings, sources said.
After the government forced down prices of medicines, local drug makers posted deficits in ...
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