OTC sales at supermarket will hurt pharmaceutical sector

Korea's pharmaceutical sector could lose up to 200 billion won if 48 over-the-counter (OTC) drugs are available at supermarkets and 24-hour convenience stores nationwide from August, according to market watchers.

The estimated losses, they said, are based on an assumption that if the 48 OTC medicines are sold not only at licensed drug stores, but also at supermarkets, convenience stores and ...