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Pharmaceutical shares hit by anti-rebate law
Influenced by the recent passage of an anti-rebate bill and poor performance of local leading drugmakers in the first quarter, pharmaceutical shares posted losses on April 29.
"This shows the current pharmaceutical shares’ rally depends heavily on outer impacts and business performance," said Cho Yeon-A, a market analyst at Samung Securities.
“Markets reacted positively to the anti-rebate...
"This shows the current pharmaceutical shares’ rally depends heavily on outer impacts and business performance," said Cho Yeon-A, a market analyst at Samung Securities.
“Markets reacted positively to the anti-rebate...
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