Pharmaceutical firms go all-out for cash

Published: 2011-08-31 07:00:00
Updated: 2011-08-31 07:00:00
The government’s merciless drug price cuts have promoted pharmaceutical companies to seek more cash to meet the uncertain future.

"Companies are vying to secure cash as the growing liquidity preference has become the sole route for their survival," said a market watcher.

Many say that risk ...

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