Pharmaceutical industry's R&D growth in increasing trend

Published: 2006-06-23 06:58:00

Updated: 2006-06-23 06:58:00

Domestic pharmaceutical industry in 2004 posted the annual growth rate in corporate research and development (R&D) investment led by 10 leading companies' increased R&D budgets, according to a report released by the Korea Health Industry Development Institute (KHIDI).

The combined amount of 185 pharmaceutical firms stood at 321.9 billion won, representing a 30-percent increase over the previ...

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