Slow OTC drug competition to cause overall market decline.

One of the main reasons for the OTC drug market shrinkage these days should be blamed for no competition of major OTC drugs, an analyst said.

Before the medical and pharmacy role separation system up to the middle of 1990s, there were a pattern of so called 3 big OTC drug groups in competition in therapeutic areas of tonic, combined cold remedies, herbal tonics, Woowhang Cheongshim pills (he...