News About: Pharm. Industry


Foreign-invested firms eye pharmacy market

Some foreign-invested pharmaceutical firms are intensifying their marketing campaigns to boost their shares of domestic pharmacy market based on their renowned brands, in the midst of aggravation of hospital market in...

Establishment of uniformed clinical trial guideline eyed

Business sources say that a uniformed institutional review (IRB) guideline for the domestic clinical trials will be established to help facilitate the efficiency of local clinical trials in terms of costs and time. It...

More heated advertisements in domestic digestives & antacids market predicted

The Ministry of Health and Welfare has announced the list of drugs which will be shifted to non-insurance-covered drugs from the next month. The items involved are as follows: - 465 stomachics (therapeutic category...

Kim Young-jin promoted to vice-chairman of Handok Aventis Pharma

Handok Pharm-Aventis Pharm has recently promoted Kim Young-jin to vice-chairman. Mr. Kim, a graduate of Yonsei University, is a former president of Hankdok Pharm. Crake Kelly has been elected president of Handok-Pharm...

Pharmacia Korea to launch 'Nicorette' as smoking cessation therapy

Phamacia Korea says it will soon launch a patch type of Nicorette 15mg (retail price: 20,000 won a pack), which has been already commercialized in 60 countries worldwide. Develo...

Original anti-allergy drugs predominating markets.

The sales of original branded anti-allergy drugs may be rapidly growing in the market this spring along with its seasonal demands, which are currently distributed by UCB Korea, Boryung, Handok and Yuhan while the copy...

Norvatis plant to pullout in first half of this year.

Norvatis Korea seems to pullout the plant operation in the first half of this year as one of their global business policy. So far Ahnsan plant has been operated only for a package line, which will be consolidated unde...

Special Law for Health Foods draws varying reactions

Business sources say that as for the Special Law for Health food, which is scheduled to be implemented from next year, many health foods related firms have disclosed varying views on their approaches to the new system...

Pharmaceutical industry being strongly opposed to submission of any trade secrets

Business sources say that many pharmaceutical firms have decided not to submit to the Ministry of Health and Welfare (MOHW) any cost breakdown related data of locally manufactured or imported drugs for the protection ...

Pharmaceutical firms hesitant to sponsor scientific meetings

Business industry sources say that the recent revision of fair competition code emphasizing more tight control on the sponsorship of scientific meetings at home and abroad is bothering many domestic pharmaceutical fir...

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