Uncertainty shrouds domestic pharmaceutical sector

Published: 2013-10-28 07:00:00

Updated: 2013-10-28 07:00:00

Korea’s innovative drug firms are likely to suffer further setbacks as joint probe team raided the headquarters of the nation’s leading pharmaceutical company Daewoong Pharmaceutical Thursday to probe an allegation that the firm offered kickbacks to hospitals and clinics in return for purchasing its products.

The joint team of prosecutors and officials of the Ministry of Health and Welfare a...

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