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Pharmaceutical firms see operating profit plunge in 2011
Published: 2012-04-24 07:00:00
Updated: 2012-04-24 07:00:00
Most of Korea's drug makers saw their earnings fall last year amid dramatic changes in the business environment such as regulations by the government and intense competition among generic drugs, data showed Monday.
The combined sales of 110 drug firms (55 listed firms and 50 unlisted firm on Seoul bourse) posted 12.9 trillion won in sales and 1.1 trillion won in operating profit (OP) last ye...
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