Pharmaceutical industry output grows 9.1 percent

Drug output grew at a brisk pace last year even amid sluggish domestic consumption and corporate investment as consumers tightened their belts against the global economic slowdown.

According to data released by the Korea Food and Drug Administration on June 22, the nation’s pharmaceutical production posted 13.7 trillion won last year, up a 9.1 percent gain compared with 12.6 trillion from a ...