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Financing cost down vital for pharmaceutical industry.

Published: 1998-04-03 14:14:00
Updated: 1998-04-03 14:14:00
According to a recent survey reported by Dongyang Security Research Center, a high import reliance of pharmaceutical raw materials caused increased financial cost (8.54) due to the Won/dollar exchange losses, which was much higher than overall industrial average.

The report pointed out that to cope with the IMF crisis and to build up competitive strength, the pharmaceutical industry...

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