Illegal kickbacks corner drug makers

Published: 2011-09-06 06:57:00

Updated: 2011-09-06 06:57:00

The Ministry of Health and Welfare confirmed a major shake-up in the pharmaceutical sector on August 12 that will result in average drug price cuts of 17 percent starting in 2012.

Drug makers estimate the measures will cost them 2.1 trillion won in 2012, and the Korea Pharmaceutical Manufactur...

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