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Pharmaceutical shares being spotlighted on higher hope of new drugs

Published: 2012-01-16 06:59:00
Updated: 2012-01-16 06:59:00
Pharmaceutical stocks are likely to get off to a strong start, buoyed by hopes on new drugs and expanded global business.

The share prices of Ilyang Pharmaceutical rose to 60 percent on January 5 compared with its shares in December, by expectations that its new drug for myelogenous leukemia may help lift earnings.

Shares of Dong-A, Hanmi, Bukwang Green Cross and Yuhan will also benefit f...

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