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FTA will hurt pharmaceutical sector

Published: 2007-06-07 07:00:00
Updated: 2007-06-07 07:00:00
A local lawyer said Korea's pharmaceutical sector is expected to face an inevitable blow if a U.S.-Korea free trade agreement goes through.

The worst scenario is based upon the fact that the Korean government will deny a local pharmaceutical company the license to sell generic drugs should the U.S. company that produced the original drug file a lawsuit over patent infringement.

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