Pharmaceutical firms to raise R&D spending by 10% in 2012

Published: 2008-12-30 06:48:00
Updated: 2008-12-30 06:48:00
Domestic pharmaceutical firms plan to hike spending on research and development (R&D) by 10 percent over their sales revenue from six percent this year.

In his New Year message, the Korea Pharmaceutical Manufacturers Association President Kim Chung-soo said that pharmaceutical companies would ...

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