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The KOSDAQ listed pharmaceutical companies’ average SG&A(selling, general and administrative) expenses were more than 3 times higher than what KOSDAQ listed pharmaceutical companies spent. KOSDAQ listed pharmaceutical companies also recorded a much higher percentage of SG&A expenses to sales than others.
Yakup Shinmoon(www.yakup.com) analyzed SG&A expenses spent by 39 KOSPI and 32 KOSDAQ liste...