Strict restriction on SH Pharm for providing illegal rebates

The Fair Trade Commission(Chairman Jae-Chan Jeong, hereinafter referring to FTC) decided to impose a correction order to SH Pharm(located in Busan), a pharmaceutical distribution company that provided financial benefits to a doctor to promote drug sales.

In order to promote sales of specific pharmaceutical products, SH Pharm had provided approximately 15% of its monthly sales totaling KRW 9.3 ...