Drug price cuts to corner local drugmakers

Published: 2011-08-12 06:59:00
Updated: 2011-08-12 06:59:00
Local pharmaceutical companies have been largely dependent on producing and marketing generic drugs instead of inventing new drugs.

However, a new wave of price cuts for drugs is speculated to be imminent in Korea, possibly in next January, which has stirred up concerns of survival among dome...

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