Major pharmaceutical manufacturers rushing to China

Korea's leading drug makers, including Dong-A Pharm, Ilyang Pharm and Hanmi Pharm, have been rushing to China by adopting aggressive expansion strategies in a bid to secure stronger positions to compete with global rivals in China.

The size of the Chinese drug market reached at $67.3 billion as of 2005, showing an annual growth of 16.6 percent. The market is expected to grow further surpassi...