News About: Pharm. Industry
MSD Korea to oppose against FTC order.
The Fair Trade Commission (FTC) earlier notified to MSD Korea to stop unfair trade practice by spending a lavish entertainment for physicians working at general hospitals across the nation including expensive meals, d...
Green Cross PBM exclusively to distribute Sang-A products.
All products produced by Sang-A pharmaceutical company will be exclusively distributed by Green Cross PBM in Korea according to the agreement set up between Sang-A and Green Cross on June 25.
The total sales volume...
Lavish entertainment for doctors treated as unfair trade deals.
Any lavish entertainment for physicians working at hospitals by pharmaceutical companies including foods, drinks and golf playing shall be treated as an unfair business practice according to the recent judgement by th...
Lack of funds in bioventure industry necessitates its restructuring
Market analysts said more prolonged financial difficulties have prompted some of bioventure firms to promote its restructuring program in the variety of forms, such as scale-down of business scope, alternation of main...
Split-off of Daewoong Pharm to be finally decided next week
Daewoong Pharm said it is deciding to make its split-off plan into two separate units pharmaceutical firm and financial institution and will finally determine the split-off ratio of the two firms at the ratio of bet...
Some pharmaceutical firms to unfold their marketing campaign during World Cup fever
With the World Cup fever spreading throughout the country, some of pharmaceutical firms are staging their own products campaign to join the fervent soccer boom.
Janssen Korea is said to be the first leader initiat...
8 of 10 osteoarthritis patients experienced pain relief in Vioxx therapy
According to a recent survey of Advanced Arthritis Management (ADAM) conducted on osteoarthritis patients in Germany, about 8 of 10 patients said Vioxx (rofecoxib) therapy was better effective and prolonged duration o...
Kim Kwang-ho as a member of WHO'S WHO
Kim Kwang-ho, the vice president of Sanofi-Synthelabo Korea, has recently become a member of WHO'S WHO Historical Society.
With its headquarter based in Boston of the United States, WHO'S WHO is now publishing an i...
Domestic pharmaceutical market by therapeutic category in the first quarter outlined
The recent survey of 130 drug wholesalers conducted by Bestcare, a corporation involved in drug distribution information in conjunction with drug wholesalers, disclosed that the domestic market in the first quarter of...
Promotion strategy for doctors draws varying reactions
Pharmaceutical Industry sources says that some tuning for the promotional methods of doctors are needed to harmonize varying views shared by both pharmaceutical organizations, the Korean Pharmaceutical Manufacturers A...
