Drug makers see their cash reserves piling up

Published: 2012-08-30 07:00:00
Updated: 2012-08-30 07:00:00
A growing number of pharmaceutical firms piled up in the first half of this year, as they refrained from investing amid the worsening business slump, , data showed Tuesday.

The average cash reserve ratio of 52 listed companies reached 514 percent during the January-June period, according to Ya...

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