Bukwang Pharm is concerned over a drop in its stock prices due to rumors of its takeover by a multinational pharmaceutical firm.
The company has repeatedly denied any M&A scenarios, but its stock prices plummeted from 19,000 won to 15,000 won, as the rumors proved groundless.
“We expect our stock prices to rebound in the months to come, given the robust sales backed by flagship products,”...
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