Korean firms urged to seek overseas expansion

Published: 2011-01-25 07:00:00

Updated: 2011-01-25 07:00:00

Domestic drugmakers will ramp up their overseas expansion drive as tightening regulations and cut-to-throat competition make the future growth of the local pharmaceutical industry unpredictable, experts sad.

The competition is fierce in Korea’s domestic market and the room for growth is limite...

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