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Will multinational companies enter pharmaceutical bidding pool?

Published: 2016-07-18 10:26:06
Updated: 2016-07-18 10:26:06

As soon as the Ministry of Health and Welfare decided a policy to exclude prices that were bid in the drug bidding pool for public and private hospitals from drug price cuts, multinational pharmaceutical companies have started to get prepared to enter the pool.

So far, multinational pharmaceutical companies have given up competitive products in the bidding pool if prices even drop KRW 1, inste...

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