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Falling won affects drugmakers

Published: 2008-10-13 07:00:00
Updated: 2008-10-13 07:00:00
The Korean won's freefall against the dollar is taking a toll on the nation's pharmaceutical firms who are suffering difficulties caused by the drastic decline in the local currency's value. The local currency slumped more than 32 percent so far this year.

The majority of pharmaceutical companies are bracing for growing hardships due to ever-rising raw material price, except for some of exp...

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