News About: Pharm. Industry


Cosmetic companies make KRW 11 out of selling KRW 100 in 1st quarter

Net profits made by major Korean cosmetic companies in the 1st quarter of the year were dropped compared to the same quarter of the last year, but were largely increased compared to the last quarter(4th quarter of 201...

Janssen starts a new clinical trial as manufacturing issue is addressed

Janssen, a multinational pharmaceutical company owning the license of JNJ-64565111, a Hanmi Pharm’s biologic for the treatment of diabetes and obesity, will start a new clinical trial at the end of this year as the ‘m...

Novartis on a KRW 500 million fine for supporting doctors on symposiums

The Fair Trade Commission(Chairman Jae-Chan Jung, FTC) decided to impose a corrective order and a fine of KRW 500 million and accuse the company to the prosecution with a crime ...

Kukje Pharma, Samil Pharmaceutical & Wooridul Pharmaceutical in R&D expense growth rate in 1st quarter

When it comes to this 1st quarter’s average R&D expenses growth rate compared to the same quarter of the last year, KOSPI listed pharmaceutical companies had an increase, but pharmaceutical companies in the KOSDAQ had...

Daewha Pharmaceutical acquires S&V, German filler manufacturer

Daehwa Pharmaceutical announced acquisition of ‘S&V Technologies,’ a German filler manufacturer, on the 8th. The company and RedoxBio, its subsidiary, signed a joint agreement of acquiring 100% of the S&V Technologie...

MFDS tightens post-marketing management of medical narcotics and antipsychotics

In order to prevent mis/over-prescribing of medical narcotics(e.g. Propofol) and antipsychotics(e.g. Zolpidem), their post-marketing management system will get tighter. The Ministry of Food and Drug Safety(MFDS) is p...

Celltrion Healthcare turns in registration of securities, expected to go public late July

Celltrion Healthcare, a subsidiary of Celltrion, turned in a registration of securities to the Financial Services Commission on the 7th. If the process goes smoothly, it will go public in the KOSDAQ market this July. ...

Bill & Melinda Gates Foundation support LG Chem with KRW 14 billion for polio vaccine development

LG Chem announced on the 7th that ‘Bill & Melinda Gates Foundation’ has decided to support the company with USD 12.6 million(approx. KRW 14 billion) for development of a new polio vaccine. The support fund will be us...

Celltrion reveals Phase 3 clinical trial result of Herzuma at world’s largest oncology conference

Celltrion announced a result of the clinical trials of Herzuma(project name: CT-P6), an antibody biosimilar for the treatment of breast cancer, and Truxima(project name: CT-P10), a biosimilar for the treatment of hema...

KOSDAQ records 10 times higher growth rate in export than KOSPI

It was observed the KOSDAQ listed pharmaceutical companies’ average foreign sales & export ratio of this 1st quarter was twice higher than the one of the KOSPI. The KOSDAQ’s growth rate was more than 10 times higher t...

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