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Daewoong faces lawsuit

Published: 2010-08-27 06:59:00
Updated: 2010-08-27 06:59:00
Daewoong Pharm faces a lawsuit as Yuyu Pharm has recently filed a compensation suit against Daewoong for breaking a contract to produce a generic version of Lanston, anti-ulcer agent.

The Seoul Central District Court says Yuyu had filed a suit to demand Daewwong pay about 300 million won in compensation for breaking a contract between the two parties.

In the petition, Yuyu stated, “The co...

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