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Major drug companies caught in trap of slow growth.

Published: 1999-07-05 10:48:00
Updated: 1999-07-05 10:48:00
87 leading pharmaceutical firms made the total sales at 4,575,400 million won in 1998, which was merely 2.3% increase from the previous year of 4,474,100 million won and 7.2% point lower than 1997 of 9.6%, indicating that the pharmaceutical industry turned to the era of low growth. However, the foreign invested companies showed, on the contrary to the domestic companies, a steep rising trend in...

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