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Expected large-scale lawsuits of pharmaceutical companies against KRW 200 billion drug price reduction

Published: 2015-09-11 14:00:40
Updated: 2015-09-11 14:00:40

While the government has notified drug price reduction worth of KRW 207.7 billion from the 1st of March next year, pharmaceutical companies with large cuts have considered lawsuits against the reduction. As a number of pharmaceutical companies are considering lawsuits, a large-scale trail war between the pharmaceutical industry and the government is expected.

The core issue of these future law...

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