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Pharmaceutical firms to raise R&D spending by 10% in 2012
Domestic pharmaceutical firms plan to hike spending on research and development (R&D) by 10 percent over their sales revenue from six percent this year.
In his New Year message, the Korea Pharmaceutical Manufacturers Association President Kim Chung-soo said that pharmaceutical companies would the ratio to 10 percent by the end of 2012.
Through the increased R&D spending, Kim predicted tha...
In his New Year message, the Korea Pharmaceutical Manufacturers Association President Kim Chung-soo said that pharmaceutical companies would the ratio to 10 percent by the end of 2012.
Through the increased R&D spending, Kim predicted tha...
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