Prosecutors Raid Daewoong Pharmaceutical... Separate from Fair Trade Commission Complaint
[Asia Economy Reporter Baek Kyunghwan] The prosecution has launched a forced investigation into Daewoong Pharmaceutical.
According to the legal community on the 26th, the Seoul Central District Prosecutors' Office conducted a search and seizure at the headquarters of Daewoong Pharmaceutical in Samseong-dong, Gangnam-gu, Seoul, this morning.
This search and seizure is known to be unrelated to the complaints filed by the Fair Trade Commission and the Korean Intellectual Property Office. Earlier, in March, the Fair Trade Commission imposed a fine of 2.297 billion KRW on Daewoong Pharmaceutical for filing a sham lawsuit to obstruct the lawful sale of generic drugs by competitors and reported the corporation to the prosecution.
Hot Picks Today
!["Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①](https://cwcontent.asiae.co.kr/asiaresize/93/2026051914165468840_1779167814.png)
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- Given Grants, Then Says "No Launch" ... Innovative Korean Technology Ultimately Forced Overseas
- [Breaking] Chairman Park Sookeun: "Possibility of Agreement Instead of Samsung Electronics Labor-Management Mediation Proposal"
- "If That's the Case, Why Not Just Buy Stocks?" ETFs in Name Only, Now 'Semiconductor-Heavy' and a Playground for Short-Term Traders
- "No Cure Available, Spread Accelerates... Already 105 Dead, American Infected"
In April, the Korean Intellectual Property Office also requested a prosecution investigation, alleging that Daewoong Pharmaceutical fabricated experimental data of its products to obtain a patent for a disguised gastrointestinal treatment drug.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
![Cheaper Than Candy, Yet Impossible to Find... Fears of a 'Pediatric Medical Crisis' as Pharmaceutical Companies Halt Production [Why&Next]](https://cwcontent.asiae.co.kr/asiaresize/307/2026051910065268365_1779152813.jpg)
