Regulator imposes fine of 500 mln won on pharmaceutical firm over illegal rebates
newscatcher
2023-08-06 03:34
Regulator imposes fine of 500 mln won on pharmaceutical firm over illegal rebates
regulator-pharmaceutical firmRegulator imposes fine of 500 mln won on pharmaceutical firm over illegal rebates SEOUL, Aug. 6 (Yonhap) -- South Korea's antitrust regulator said Sunday it has decided to slap a fine of 500 million won (US$384,000) on a local pharmaceutical firm for providing illegal rebates to doctors. The punitive action against Ahn-Gook Pharmaceutical Co., listed on the secondary KOSDAQ market, came as the firm had provided 6.2 billion won in cash to doctors from 2011 to 2018 to have them prescribe its products, according to the Fair Trade Commission (FTC).

https://n.news.naver.com/mnews/article/001/0014114680?sid=104

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