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Tax breaks aim to boost R&D investment

Published: 2003-08-08 07:00:00
Updated: 2003-08-08 07:00:00
The temporal adoption of an alternative minimum tax rate will spur smaller pharmaceutical firms to spend more R&D investment, the Korea Pharmaceutical Manufacturers Association said recently.

This series of stimulus measures came after the KPMA called for the National Assembly to enact a new law designed to promote the domestic pharmaceutical sector as one of the national core industries in ...

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