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First Drug Maker License Suspended Under Vietnam Price Regulations

This article was originally published in PharmAsia News

Executive Summary

The Drug Administration of Vietnam took its first action in suspending the license of a foreign drug maker for failing to meet a price-reporting deadline. The DAV suspended temporarily the license of South Korea's Hawon Pharmaceutical for failing to submit price changes for 21 drugs on the Vietnam market. The DAV's director said Hawon was the first foreign company to have its license suspended under the drug-price regulations. (Click here for more
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