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Kyungdong to acquire financially troubled wholesaling firm

Published: 2008-12-09 06:55:00
Updated: 2008-12-09 06:55:00
An official of Kyungdong Pharm, which has been controlled by a speculative foreign capital, confirmed on November 4 that it is seeking to take over an insolvent Inyang Pharm.

According to market sources, Kyungdong has been accelerating efforts to expand its presence in domestic drug logistics markets.

Critics have alleged that RMS Korea has a scheme to acquire the insolvent wholesaling f...

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