Small and medium pharmas with weakened profitability and high reliability on loans

Small and medium pharmaceutical companies were reportedly weakened in profitability and were relying more on loans.

Yakup Shinmoon(www.yakup.com) analyzed times interest earned(TIE) reported by 81 unlisted pharmaceutical companies which submitted an audit report to the Financial Supervisory Service, but the analysis result showed they had 8.3% on average in TIE. <biopharmaceutical companies ex...