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    "headline": "Kim Seung-won Lobbying Allegations Spark Investor Anger as Sejong Medical Faces Delisting",
    "dek": "Sejong Medical faces delisting amid investor anger over Kim Seung-won's alleged lobbying for Janssen clinical trial approval.",
    "prose": "Kim Seung-won, a candidate for Minister of Justice, sent a text message to Kim Kang-rim, the head of the MFDS, on October 12, 2021, requesting faster processing of Janssen's clinical trial application. [^1]\n\nSejong Medical is facing delisting from the KOSDAQ market, with a final decision expected on June 24, 2026, though the company has applied for a stay of execution pending court review. [^2] Na Kyung-won, a member of the People Power Party, posted on Facebook on May 5 urging the resignation of Kim Seung-won, the nominee for Minister of Justice. [^3] Janssen received clinical trial approval for a COVID-19 oral treatment on October 26, 2021, six days after Sejong Medical became its largest shareholder. [^4][^5]\n\nNa Kyung-won cited suspicions of stock manipulation and requests for approval of new drugs as the primary reasons for her criticism of Kim Seung-won's nomination. [^6] Na Kyung-won stated that the nomination of Kim Seung-won by President Lee Jae-myung is a symbol of the corruption of the rule of law in South Korea. [^7][^8]",
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