Productivity of the pharmaceutical industry reduced by 31% prior to the reduction of medicine price policy

According to the Financial Supervisory Service (FSS), productivity per employee in first half of 2014 for the top 30 listed pharmaceutical companies was estimated to decrease by 31.6% compared to the same period in 2011 which was before enforcing reduction of medicine price policy. The forecast proved to be wrong that predicted the productivity to increase through layoff and retrenchment with t...