Industry / South Korea
Boehringer Ingelheim Outpaces OTC Competitors
August 2008 | Company Finance AlertTo read the full article, please sign in or take a free trial.
Boehringer Ingleheim is outpacing the South Korean over-the-counter (OTC) medicine sector. The German company's sales increased 1.9% in the first half of 2008, while most other competitors experienced a downturn in revenue. Growth in South Korean OTC sales also exceeded that posted by Boehringer Ingleheim's global consumer healthcare division (+1.6%). BMI believes that one of the key reasons behind this strong performance is firm's enlightened marketing

