FTC’s fines push Celltrion shares down

Korea’s leading biopharmaceutical company Celltrion Inc., an affiliated company of Celltrion Holdings, took a direct hit from growing concern after the antitrust regulator levied Celltrion Holdings fines of 270 million won for breaching the law on holding firms that own subsidiaries on Tuesday.

Its stock fell as much as 900 won on Tuesday to close at 49,800 won per share.

According to th...