Cuts in drug prices slashed Q3 profits

Published: 2012-10-30 07:00:00

Updated: 2012-10-30 07:00:00

After the government forced down prices of medicines, local drug makers posted worst performances in the third half of the year, according to Yakup.com, a pharmaceutical information provider.

Citing the data released by each company dated October 26, Yakup.com said that Dong-A Pharmaceutical saw a 3.1 percent up in operating profit to 29.1 billion won in the third quarter compared to last ye...

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