Korean drugmakers’ administrative expenses rate hovers at 36% on average

The domestic industry’s average marketing and administrative expenses rate over gross sales stand at 35.6 percent, reflecting little difference compared with that seen in multinational companies (32.7 percent), according to a local auditor.

In a lecture on Wednesday, Director Kwon Kyung-bae of PricewaterhouseCoopers Korea said that although the average administrative expenses of local pharma...