Weak won drives up cGMP construction costs

The weak won is taking a toll on the pharmaceutical industry, with its negative impact on the construction costs of cGMP plant, experts said.

A weak local currency drives up local machinery and equipment costs with costlier import bills and hurts overall management of pharmaceutical firms.

The won plummeted to as low as 1,092.50 in earlier trading and closed at 1,084.1 on August 27. For t...