Korean pharmaceutical companies likely shy of M&A

Published: 2011-12-14 06:59:00

Updated: 2011-12-14 06:59:00

Companies could benefit from mergers and acquisitions (M&As) in the changing business environment of the 21st century, but Korean drug firms shows a negative attitude towards M&As due to the government’s plan to slash drug prices starting next April.

Both domestic and foreign drug makers are t...

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