Ursa supply price to rise by 10%

Daewoong Pharm says its flagship product Ursa will rise by 8 to 10 percent from next month due to pressure stemming from falling Korean currency and rising raw material costs.

"Our price was set when the exchange rate was 930 won against a dollar. Now that the exchange rate has jumped up almost 50 percent, we have no choice but to increase our price inevitably,” a company official said.

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