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10 Pharmaceutical firms face fines for rebates

Published: 2007-10-31 06:59:00
Updated: 2007-10-31 06:59:00
The Free Trade Commission would announce penalties for 10 pharmaceutical makers each on November 2 after calculating sales improperly raised through illegal means.

Industry sources expect some of them would face more than 10 billion won in fines.

FTC officials said last week that they disclosed evidence that 10 pharmaceutical companies have been offering rebates or donations to major hos...

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