4 drug firms showing higher dependence of other licensing products

Korea’s four drug firms, such as Ilsung Pharm, Kwandong Pharm, Dongkook Pharm and Daewha Pharm, saw their dependence on other firms’ licensing products to gross sales jump in the first quarter of this year, data showed Wednesday.

The average dependence ratio of Korea’s 53 listed pharmaceutical companies on other licensing products came to 21 percent for a January-March period, down from 6 pe...