Pharmaceutical firms offer voluntary retirement

Published: 2011-11-11 07:00:00

Updated: 2011-11-11 07:00:00

Influenced by the government’s plan to slash the price of about half the drugs on the market by an average of 14 percent from next April, some of Korean drug firms are said to cut the size of their manpower through a voluntary retirement program.

Observers say these firms are trying to cut lab...

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