Beijing Hanmi Pharm strengthens presence in China

The business presence of Beijing Hanmi Pharm in China, of which 70 percent stake is owned by Hanmi Pharm, has expanded rapidly in the past years, partly helped by its direct marketing and localization strategies including brisk sales records in the niche market, said a local analyst in a statement.

Analyst Oh Seung-taik at Sejong Securities Co., said, "After Hanmi Pharm set up its presence i...