Local companies to change names for R&D centered enterprise.

Many local drug companies have changed their names in an attempt to transform their company images as an R&D centered company especially amid unclear external business environmental challenges arising from the KORUS FTA and new drug price controlling system called "Positive List System".

The name changes showed Keukdong into BC World Pharm., Hyundai Pharm. Ind. into Hyundai Pharm., Cheonil P...