Appeals court orders Dongwha Pharm to pay penalty for illegal rebates
Social affairsApr 7, 2016
An appeals court on Thursday dismissed a suit filed by Dongwha Pharm Co., one of South Korea's major drug makers, asking for the cancellation of fines slapped on the company for giving billions of won in kickbacks to local hospitals.The drug maker filed the suit against the Fair Trade Commission after it handed down a fine of 898 million won to Dongwha Pharma in 2014 for bribing over 900 hospitals from 2010 to 2011.It was the largest rebate scandal since a law regulating such practices first too