Major foreign-invested pharmaceutical firms expanding presence in Korea

This year, thee major multinational drug makers Pfizer Korea, GlaxoSmithKline and Sanofi-Aventis, are poised to expand their presence in the domestic market with their new brand items.

1) Pfizer Korea

The annual sales of Pfizer Korea had been gradually on the rise; 226.8 billion won in 2002, 244.5 billion won in 2003. However, its sales in 2005 fell to 255.3 billion from 302.5 billion wo...