Kyungdong Pharm takes over Shinil Pharm

Published: 2010-06-09 06:57:00
Updated: 2010-06-09 06:57:00
Insolvent Shinil Pharm said on June 4 that Kyungdong Pharm has signed a deal to take a controlling stake in the local wholesaling firm.

The deal will provide a big boost for the sales of Kyungdong in Chungju, according to a Kyungdong official.

Analysts said Kyundong could create synergy by ...

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