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Korea’s largest pharmaceutical convention ‘CPhI Korea’ has begun

The Korea’s largest 3-day pharmaceutical convention ‘CPhI Korea’ has begun The Korea Pharmaceutical Traders Association will hold ‘CPhI Korea 2018’ jointly with a global convention company UBM Korea at Hall D, COEX o...

How well listed pharmas did with net profits?

Both KOSPI and KOSDAQ listed pharmaceutical companies experienced a decrease in the average net profits in the first half of this year, and KOSDAQ pharmas had a larger decrease. On the other hand, KOSDAQ pharmas had a...

"Poisonous clauses from Special Law for Regulation on Special Economic Zone have already been removed"

While the health care field is worrying more and more about the Restriction-Free Zone Act, the ruling party announced they removed poisonous clauses in the ‘Special Law for Regulation on Special Economic Zone.’ The M...

3 of 4 consumers do not know whether they are taking ‘original’ or ‘generic’

Bayer Korea conducted a survey about ‘patient recognition on medicines they are taking regularly’ on 1,000 people between the 40s and 60s through a Korean research company ‘Open Survey,’ and announced the survey resul...

Rapidly changing ‘marketing method’ for pharmas

The original method of marketing is changing among pharmaceutical companies. While medical representatives have used a method to visit hospitals in person, the method is changing to hold overnight symposiums(product ...

Will the drug serial number system be enforced next January?

It seems there is a high chance for the drug serial number system to be enforced as expected after the administrative grace period at the end of this month. Recently, Health and Welfare Minister Neung-Hoo Park has sh...

Health care providers’ distrust on generics due to Valsartan incident, switching to originals

As carcinogenic N-nitrosodimethylamine is detected in Valsartan ingredients from Chinese and Indian one after another, part of the medical field is researched to prescribe the original drug more. On the 27th, ‘InterM...

4 listed pharma including Seoul Pharma spend more than 50% of their sales into SG&A

One of 3 listed pharmaceutical companies reportedly send 40% of their sales into selling, general and administrative(SG&A) expenses. Particularly, 4 companies, such as Seoul Pharma, Jin Yang Pharmaceutical, Korea Arli...

JW Pharmaceutical exports new Atopic dermatitis therapy technology to LEO Pharma

JW Pharmaceutical(CEO Jae-Kwang Jeon & Young-Sup Shin) announced on the 24th that they signed a license-out agreement of its innovative Atopic dermatitis therapy ‘JW1601’ with LEO Pharma(CEO Gitte Aabo) having special...

Shin Poong Pharm signs ‘MEDICURTAIN’ supply agreement with Serbian ‘EMI Pharm’

Shin Poong Pharm(CEO Jae-Man Yoo) signed a supply agreement of the anti-adhesion barrier MEDICURTAIN with EMI Pharm D.O.O. Shin Poong Pharm said the company will exclusively supply MEDICURTAIN in Serbia and Montenegr...

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