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Drug wholesaling industry overshadowed by restructuring

Published: 2008-12-08 06:59:00
Updated: 2008-12-08 06:59:00
Following the insolvency of Inyoung Pharm, a number of pharmaceutical firms are now moving to put small-and medium-sized wholesalers under the microscope for drastic restructuring.

The preemptive restructuring is to minimize chain reaction bankruptcies of once-booming small-and medium-sized wholesalers, suffering from cash flow problems in the wake of the global financial market turmoil

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