Top 7 drug firms suffer earning decline in first quarter

Published: 2012-05-03 07:00:00

Updated: 2012-05-03 07:00:00

Korea’s leading pharmaceutical companies saw their operating profit decline in the first quarter of this year on their hurried handling of drug inventories ahead of government-mandated cuts in drug prices, data showed Wednesday.

According to the data compiled by Yakup.com, a corporate information provider on pharmaceutical industry, the combined first-quarter operating profit of seven listed...

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