News About: Pharm. Industry


Kolon TissueGene starts Phase III clinical trial for ‘Invossa’

Kolon TissueGene(CEO Bum-Seop Lee & Woo-Seok Lee) announced on the 6th that they acquired the Chemistry, Manufacturing and Controls(CMC) from the U.S. FDA and would start a Phase III clinical trial in the U.S. Kolon ...

Drug price cuts on Inist Biopharmaceutical’s 48 products got delayed again

The scheduled drug price cut on Inist Biopharmaceutical’s products is interrupted once again. The Ministry of Health and Welfare(MOHW) announced the ‘Drug Insurance Benefits List and Upper Limit Price Table’ on the 5...

Korea United Pharm’s Vietnamese factory acquires ‘PIC/s’ GMP for entire tablet types

Korea United Pharm(CEO Duk-Young Kang) additionally acquired the PIC/s(Pharmaceutical Inspection Co-operation Scheme) GMP from the Drug Administration of Vietnam(DAV). Recently the DAV took a time to carry out the GM...

A pharmaceutical company awards ‘Mercedes’ for excellent sales performance

Mercedes-Benz appeared as a reward for excellent employees in the pharmaceutical field. The pharmaceutical company is Korea Prime Pharm. Korea Prime Pham(CEO Byung-Yoon Hyun) awarded ‘Mercedes-Benz E200’ to Team Lead...

Hanmi Pharm acquires indication of enlarging the girth for ‘Gugu Fil’

Hanmi Pharm will launch ‘Gugu Fil,’ a hyaluronic acid(HA) filler that enlarges girth of the penis for 1 year at most for the urological purpose, and extend the company’s urological treatment lineup. ‘Gugu Fil’ was la...

CJ HealthCare acquires approval of new antiemetic ‘Akynzeo’

CJ HealthCare announced on the 1st that a new antiemetic ‘Akynzeo Cap’ was approved by the Ministry of Food and Drug Safety. With the Akynzeo’s approval, CJ HealthCare has firmed its position in the anticancer supple...

Last year, pharma industry made USD 4.06 billion exports increased by 30.6%

While exports in the health care industry were USD 12.2 billion in 2017, the pharmaceutical industry made USD 4.06 billion experts increased by 30.6% compared to the year before. Listed pharmaceutical companies made ...

Pharma industry to find growth engines using OTC drugs

Due to the depression in the ETC drug market and the government’s strict control, pharmaceutical companies have shown high interests in developing OTC drugs. According to the Ministry of Food and Drug Safety(MFDS) On...

SK Chemicals’ vaccine department becomes a new company ‘SK Bioscience’

A vaccine company ‘SK Bioscience’ will officially be launch on the 1st. SK Chemicals announced that they established a new company ‘SK Bioscience’ by taking out its existing vaccine business unit on the 1st. SK Chemi...

Prosecution’s investigation on Hanjin Group Chairman Yang-Ho Cho for pharmacy rentals

As investigating Hanjin Group Chairman Yang-Ho Cho’s corruptions, such as getting omitted with inheritance taxes, the prosecution is also investing if he ran pharmacy rentals.’ According to a media report on the 29th...

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