Corporate revenues up, profitability down

Published: 2011-11-01 07:00:00

Updated: 2011-11-01 07:00:00

The third quarter report card for leading pharmaceutical companies is coming out, but despite of overall revenue hike, they saw their third-quarter operating profits worsen sharply, buffeted by higher costs and heavy promotional expenses, according to Yakup.com, pharmaceutical information provider.

The nine major pharmaceutical companies, except for LG Life Sciences and Chong Kun Dang Pharma...

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