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Multinational drug firms challenge new guideline

Published: 2013-01-15 07:00:00
Updated: 2013-01-15 07:00:00
A dispute has arisen over the planned introduction of a Fair Trade Commission (FTC)-drafted guideline for fair business practice in domestic pharmaceutical sector.

The Korean-based Pharmaceutical Industry Association (KRPIA) said Monday that the new guideline should be reconsidered.

Their reaction came out after the FTC announced the plan on January 9 to ban re-sales rights and competitiv...

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