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Korean Pharma ‘Desperate’ For Improved Pricing System

This article was originally published in PharmAsia News

Executive Summary

In their efforts to catch up with Hanmi Pharmaceutical, which has clinched a series of record licensing out deals this year, other pharma companies in South Korea are looking for government support to create a more industry-friendly drug pricing environment. During a recent meeting with the new health minister, industry associations urged the government to improve the system to better reward R&D investments.

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