Drugmakers scurry to secure liquidity this year

Published: 2012-03-21 07:00:00

Updated: 2012-03-21 07:00:00

A growing number of pharmaceutical companies remain vigilant and secure enough liquidity for unfavorable business conditions due to a variety of negative factor that may affect the local pharmaceutical industry.

A report released by Yakup.com, a pharmaceutical information company, showed that the average currency liquidity ratio of 53 local firms listed on Seoul bourse came in at 202 percent...

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