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BioWorld - Sunday, May 3, 2026
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Home » Regulatory changes may be coming as Novartis faces legal trouble in South Korea
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Regulatory changes may be coming as Novartis faces legal trouble in South Korea

Sep. 6, 2016
By Haky Moon
HONG KONG – Swiss multinational Novartis AG's South Korean unit is facing further scrutiny after being charged with illegal rebates in February. South Korean prosecutors indicted a former chief executive of Novartis South Korea, Moon Hak-Sun, along with five other former and current company managers over allegations that they illegally paid doctors KRW2.6 billion (US$2.3 million) in return for prescribing the company's drugs to patients over the span of five years, from 2011 to January this year.
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