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New drug pricing policy squeezing drug firms

Published: 2012-02-02 07:00:00
Updated: 2012-02-02 07:00:00
The government’s plan to cut drug prices by an average of 14 percent starting April has triggered vehement protests from the domestic pharmaceutical community.

A report released by the Korea Pharmaceutical Manufacturers Association forecast that the scheme would reduce the industry’s annual s...

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