Restructuring hitting multinational drug firms

Published: 2012-05-07 07:00:00
Updated: 2012-05-07 07:00:00
Foreign invested pharmaceutical firms have been taking steps to reduce their workforces as they brace for lower earnings due to the government’s pressure to reduce drug prices.

Three multinational firms, such as Sanofi Aventis Korea, AstraZeneca Korea and GlaxoSmithKline, saw their earnings de...

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