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Pharmaceutical companies eyes multiple businesses

Published: 2011-03-22 06:57:00
Updated: 2011-03-22 06:57:00
Domestic drug makers will move into other areas of business in a bid to find new sources of income and create positive synergy effects with existing units.

Dong-A Pharmaceutical said it will engage in real estate business. Keunwha Pharmaceutical will also operate automobile units.

About 46.4 percent of pharmaceutical firms have generated earnings from operations other than medicine produc...

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