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International

Swiss drugmaker faces $50 million fine, insurance coverage suspended

April 28, 2017 Reprints

The South Korean Ministry of Health and Welfare has fined Swiss drugmaker Novartis A.G. nearly $50 million for paying kickbacks to doctors who recommended the company's drugs, Reuters reports. The ministry also suspended Insurance coverage for nine variations of two drug types for six months.

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Swiss drugmaker faces $50 million fine, insurance coverage suspended

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