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FTA to hit pharmaceutical industry

Published: 2011-06-29 06:58:00
Updated: 2011-06-29 06:58:00
Korean pharmaceutical industry could lose up to 2 trillion won due to the impacts of free trade agreements, experts claim.

In a recent seminar for boosting the domestic pharmaceutical industry, panelists said that the local pharmaceutical segment is expected to suffer at least a 2-trillion-won loss for the next five years.

They said this would sharply undermine the domestic pharmaceutica...

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