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Drug firms tackle business uncertainties ahead of 2012
Published: 2011-10-06 07:00:00
Updated: 2011-10-06 07:00:00
Korean pharmaceutical companies are concerned over mounting external and internal business uncertainties, which have caused them to tighten their belts on their operations.
Industry experts say that the government’s plan to cut drug prices by an average of 17 percent starting next year will cast a dark shadow over local business prospects.
“Business circumstances are unexpectedly unfavor...
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