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Dong-A Pharm acquires Samchully Pharm for 50 billion won

Published: 2010-05-07 06:58:00
Updated: 2010-05-07 06:58:00
Dong-A Pharmaceutical Co., the top Korean drug maker, said on May 4 that it has struck a deal to take over Samchully Pharm for 50 billion won in its first acquisition of a domestic company.

“It will help us make inroads into the growing pharmaceutical raw material market in the global arena.

Founded in 1983, Samchully is one of the biggest manufacturers of nucleoside active pharmaceutical...

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