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Drugmakers rushing to OTC price increase race
Published: 2009-03-17 07:00:00
Updated: 2009-03-17 07:00:00
Influenced by weakening domestic demand amid the deepening global economic downturn, the Korean OTC makers plan to increase the price of their flagship products despite concern over consumers’ antipathy.
Leading OTC products involved in the price increase hereafter include Donwha’s Hucidin ointment, Daewoong Urusa, Wyeth’s Centrum and herbal cold medicine produced by Samik Pharm.
Analysts...
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