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Patent linkage system will hurt pharmaceutical sector
The introduction of the patent linkage system following the ratification of the Korea-U.S. Free Trade Agreement is expected to deal a serious blow to the revenue of domestic drug makers.
In a local seminar on Tuesday, Dr. Chung Kwan-young of BioPharmatis Co., said that the domestic pharmaceutical industry will suffer as much as a 120 billion won in drug output over a period of 10 years.
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In a local seminar on Tuesday, Dr. Chung Kwan-young of BioPharmatis Co., said that the domestic pharmaceutical industry will suffer as much as a 120 billion won in drug output over a period of 10 years.
U...
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