News About: Pharm. Industry


Strategic alliances with foreign drug distributors preferred by domestic firms

Stimulated by the domestic pharmacy market to foreign competition in the latter half of 2003, the domestic drug wholesalers and pharmacy chain distributors plan to establish their strategic alliance with the foreign c...

Establishment of Natural Drug Association eyed

In the recent meeting among the manufacturers for herbs and oriental medicines including Jungwoo Pharm, Kwangdong Pharm, Hanpoong Pharm, Hankook Pharm, Far-East Pharm, Kiwha Pharm, Daewoong Pharm, Samick Pharm, Iksu P...

CEOs of GlaxoSmithKline tapping their R&D investments in Korea

The chief executive officers of GlaxoSmithKline in U.K. have made their frequent visits to Korea to tap the possibility of promoting business collaboration with the Korean counterpart in the domestic bioindustry arena...

Counterfeit anti-impotence and anti-obesity drugs rampant in market

Market observers say that some drug makers of anti-impotence and anti-obesity agents intended for better life of quality are in much distress due to little recognition of customers and rampant distribution of counterf...

Chinese Provincial delegates proposed capital investment.

A Chinese provincial authority, Yonyung province government chief and delegates visited to the KPMA and proposed a capital investment. Mr. Li Ing-ji, the party head of Yonyung province and other 9 delegates paid a ...

Offensive marketing strategies for switched non-prescription drugs eyed

Pharmaceutical industry sources say that the domestic drugs makers of digestives and antacids are intensifying their countermeasure strategies in marketing to minimize the impacts associated with the government's poli...

Foreign governments to attract the promising Korean biovernture firms

Daeduk Valley Bioventure Center says some foreign countries, including U.S., U.K. and China, have recently shown their keen interest in inviting the domestic bioventure firms through a series of brief sessions. In ...

Patent application for no smoking products on the rise.

The new products for smoking controls have shown an explosive popularity in the market these days largely owing to Comedian Lee Joo-il's "No smoking" campaign through the public mess media in connection with his own l...

Brisk generic drug exports for Japan predicted

With the expected revision of registration system of finished drugs into the public notice system within June or July, 2003 in Japan, market observers say that the Korea's drug exports for Japan seems likely to increa...

Intensive marketing strategies for renowned brand items eyed

Pharmaceutical industry sources say that the domestic leading drug makers are currently concentrating their marketing strategies on the maximization of their renowned brand images, so as to boost their shares of domes...

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