Choongwae borrows 34.8 billion won from local banks

Published: 2006-06-13 06:56:00

Updated: 2006-06-13 06:56:00

Choongwae Pharm said on June 7 that it succeeded in bring in a total of 34.8 billion won from the Korea Development Bank's private equity fund (PEF) and Uri Bank in the form of capital investment.

Choongwae Pharm established a company specialized in parenteral solutions in June 2002 for the development of high value added products, and a non-PVC film manufacturing company in 2004.

The co...

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