All Type of News
Dong-A, GSK to set up joint venture
Dong-A Pharm said on March 29 that it plans to establish a joint venture with GlaxoSmithKline (GSK) to create a new sales unit “Glaxo Business Unit (GBU)” with Dong-A.
Sources say GSK will have a 9.9 percent stake ...
Will new fair trade code be viable?
The government will soon make public a new fair trade standard defining rebates for transparent business practices.
According to the fair trade code defining a more specific range of rebate activities, any financia...
Awareness over adverse drug reactions surges
Intensive patient education is necessary for better awareness of drug related adverse events, a survey showed recently.
The Korean Society of Health System Pharmacists surveyed 101 outpatients (aged 19 and over) wi...
Concerns mounting over extra quota plan
There are growing concerning over the government’s plan to select employees working at pharmaceutical firms to apply for the new department to be established in pharmacy schools.
In a recent meeting with the Korean...
Insung Information gets certification for multifunctional, mobile medical kit
Insung Information Co. said on March 30 that it has received an approval of its ubiquitous medical equipment “Hicare Dr-U (Model MX-554)” from the Korea Food and Drug Administration.
MX-554 is very useful for nurse...
Toll manufacturing competition getting fiercer
With the mandatory enforcement of new GMP and validation guidelines, the local toll manufacturers will saw more cut-throat competition in the months to come.
“A number of small- and medium-sized companies have esta...
Drugmakers in the hunt for new growth opportunities
Influenced by the government’s new drug pricing plan to cut drug prices, Korea's pharmaceutical firms are expanding investments on their new growth engines as their core businesses face slow growth, industry officials...
Leading pharmaceutical firms eye N&A as growth engine
Large domestic enterprises are eyeing mergers and acquisitions (M&As) with a promising pharmaceutical bulk manufacturer as part of efforts to find new growth engines in the rapidly changing business environment.
Ko...
SPL to analyze biosimilar products
Seoul Pharma Laboratories, a local leading contract research organization, said it may provide a service for biomolecule analysis with a high reliance and accuracy, along with detailed consultation.
The company has...
Chong Kun Dang founder honored
The Korea Minting and Security Printing Corporation (KOMSCO) has selected the late Lee Chong-kun, the founder of Chong Kun Dang Pharmaceutical Corporation (CKD Pharm), as one of 100 Korean prestigious figures
KOMS...
