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Restructuring of domestic drug makers foreseeable

Published: 2007-06-08 07:00:00
Updated: 2007-06-08 07:00:00
Influenced by a free trade accord between Korea and the United States and a new public health insurance regulation, the so-called positive list system, a number of Korean drug makers are likely to accelerate their restructuring programs through mergers and acquisitions.

Samyang Corporation and Kwandgong Pharm are renewing their M&A bids, as part of efforts to seek the knowledge-intensive ind...

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