News About: Pharm. Industry
Domestic COS-accredited firms eye European drug market
Pharmaceutical industry sources say that there is an increasing trend in the number of accreditation of Certification of Suitability of Monographs of the European Pharmacopoeia (COS), being equal to the certification ...
Export for Central America contemplated
Stimulated by the active market opening to foreign competition by several countries in the Central and South America, the domestic pharmaceutical industry plans to expand their presence there, in that those countries ...
Unilateral government policy to promote cheaper drugs criticized
The Korean Pharmaceutical Manufacturers Association (KPMA) says that the recently contemplating government policy to provide special incentives (guarantee of special margin towards hospitals) to the medical institutio...
AmCham reports say the market assess to Korea deteriorated
In its annual report on the improvement of enterprise environment in Korea released on April 10, the American Chamber of Commerce (AmCham) noted the domestic pharmaceutical market as follows:
- There is a concern w...
Too exaggerated drug advertising through Internet channels.
As most of drug advertising through the internet channels found extremely exaggerated, many people voiced with deep worries about the public credibility of drugs, especially for tonic drinks and quasi-drugs, claiming ...
Compulsive policy on drug prices hampers the pharmaceutical industry
In its recent executives' meeting, the Korean Pharmaceutical Manufacturers Association (KPMA) has demanded that the government should promote to foster better management atmosphere of the domestic pharmaceutical indus...
Mount criticism on the unfair behavior of foreign-invested firms
Pharmaceutical industry sources say that the unfair behavior of foreign-invested pharmaceutical firms, such as scouting of able salespersons in local pharmaceutical firms and drug wholesalers, and tight money collecti...
KPMA urged to reconsider the government's drug policy
The Korean Pharmaceutical Manufacturers Association (KPMA) says that the government's drug policy to adopt the lowest insurance-covered drug price will affect badly the survival of the pharmaceutical industry and coll...
Animated export of 7-ACA
Stimulated by the increased unit price of 7-ACA at $120/kg in the foreign countries, the major domestic bulk exporters, including Chong Kun Dang Bio and Cheil Jedang, have recovered their international competitiveness...
Whanin singed with Denish Lundbeck for business association.
Whanin pharmaceutical co. (President: Kim Keung-lim) made a business tie-up with Lundbeck, a Denish pharmaceutical company, on April 4 in their auditorium hall for the introduction of new psychotropic drugs into the m...
