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Korean drugmakers at a crossroads
Many experts say that the country's medicine business is standing at a crossroads. Is it going take a leap with new, innovative drugs or continue chasing global leaders with generic products?
The Korea Pharmaceutical Manufacturers Association (KPMA) says generic drugs take up 40 percent of the market in terms of revenue. Moreover, investment to create new drugs remains minimal, as a combined...
The Korea Pharmaceutical Manufacturers Association (KPMA) says generic drugs take up 40 percent of the market in terms of revenue. Moreover, investment to create new drugs remains minimal, as a combined...
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