News About: Pharm. Industry


Bullish drug business probable in the second half of this year

Korea's drug business is likely to be bullish in the second of this year, according to various reports released by some securities and bank analysts, while they worried the domestic cut-throat competition may results ...

KPMA to scrutinize protective items not to exit

As a result of government cut rate pricing policy some necessary drugs had to exit from the market, causing a whopping difficulty in smooth drug supply, and therefore the KPMA already took investigation for such item ...

Bacchus records the largest sales of 20.0 billion in May

Bacchus sales, which hit a snag in the first quarter of this year, are expected to regain the momentum due to the heated boom of World Cup, local election, and seasonal influence. Analyst Kim Hee-sung of Hanyang Se...

KPMA in crisis standing at cross road.

The Korea Pharmaceutical Manufacturers Association (KPMA) has faced with a crisis by which the KRPIA, an organization of the foreign multinational drug corporations in Korea, recently opposed to the compliance pledge ...

Eli Lilly wants Korean scientists in their InnoCentive Challenges

Eli Lilly and Company, a US-based multinational company, has recently expressed its keen interest in attracting more Korean scientists involved in the medical, chemical and biological fields, in line with their R&D in...

Drug TV advertising messages remarkably changed.

The public advertising for OTC drugs shows a remarkable change, shifting from the past simple repetition of brand names and drug efficacies into other fresh and new images of the product. The industry seems to rea...

Pharmaceutical company stocks undervalued.

Mirae Asset Security company reported on May 11 that the pharmaceutical company stocks in the bourse were undervalued without reflecting favorable business achievement as shown in their sales growth and a health compa...

Conglomerates to step into Chinese markets with BT.

The conglomerates including Kumho Petroleum Chemical, SK Chemical company and others are trying to get into the Chinese markets directly or jointly with bio-engineering venture companies. Kumho recently made a co-m...

Insecticides markets getting heated

Business sources say that the domestic household insecticides market this year will touch off cut-throat competition, in parallel with the incessant launching of new products with novel concepts of dosage forms (spray...

BMS Korea ranks high in unemployment rate

With the life-long employment concept becoming withered, BMS Korea is now emerging as one of the most favored pharmaceutical firm, while showing a lower unemployment rate of 6.0%. The company notes that such low u...

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