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Dismal report for drug makers in 2012

Published: 2013-04-17 07:00:00
Updated: 2013-04-17 07:00:00
The government’s forced price cuts for drugs and other medical products covered by National Health Insurance in April of last year has dealt a blow to local pharmaceutical firms.

According to Yakup.com, a pharmaceutical information portal, the combined revenues of 110 listed and non-listed pharmaceutical companies rose 1.7 percent to 13 trillion won last year, when compared to the previous y...

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