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[Reporter¡¯s View] Preserve the industry's willpower

By | translator Alice Kang

22.12.20 06:00:20

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Even before the world was able to recover from the COVID-19 pandemic, a global economic recession has arrived to further the damage. With the rise in the price of raw materials, the price of every single consumable including food such as flour, sugar, and cooking oil, as well as fuel, utility bills, etc. have risen. Every day, you can see a flood of articles that report ¡°the price of noodles has risen¡± or that ¡°eggs cost a fortune these days.¡± In the age of rising prices, only the price of pharmaceuticals seems to be on the decline. In Korea, the price of pharmaceuticals is on a constant decline under strong state control.

The only exception was the price of cold medicine. Their price was recently

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