News About: Pharm. Industry


Adverse Balance of Medicine Trade Has Worsened Since Separation System

As the location of local pharmaceutical companies weakens due to the separation system between pharmacies and clinics, even medicine exports which have been recognized as the only sector to overcome the current diffic...

Ahngook Pharmaceutical Company enters into strategic cooperation with VISTAGEN from the United State

With the US Government's recent decision to provide funding support to research on human embryonic stem cell, Ahngook Pharmaceutical Company (Representative director is Eoh Jin) has formulated a policy to actively par...

Number of over 3 billion won top sellers declined after price slash.

A serial price slash over NHI drugs by the government in process of implementing the actual transaction price system and the medical reform program has remarkably pulled down number of 3 billion won top selling drugs ...

Provisions of ruling prescription drug list to provoke confusion.

The drug industry and the pharmacist community encountered a lot of troubles and confusions in their practices due to uncooperative gesture shown by the medical community with regard to the provisionally required subm...

Foreign Investment Companies Turning to Korean Pharmaceutical Companies

The reported plans of a number of foreign companies to invest in Korean pharmaceutical companies are expected to make the stock prices of the pharmaceutical companies more flexible. According to some industry offic...

Ildong Pharmaceutical Exits From Workout Program After 3 Years

Ildong Pharmaceutical Company has gotten out of the workout program 34 months after it was designated as a Workout Company by the Korea Development Bank in December 1998. Korea Development Bank, a major creditor o...

Notice to our readers

Due to Ch'usok, the Korean (version of) Thanksgiving Day English Yakup Daily will not publish October 1(Monday), thru October 3(Wednesday), 2001. We resume publication on October 4(Thursday), 2001. - management-

Credits of many drug companies rated up.

Many drug companies have been rated higher in their credits according to the overall reviews by the National Informations and Credit Evaluation Inc. (NICE) and other evaluation organizations including KIS and ...

Drug industry: bio-equivalency tests no interested.

Most of local drug makers are not interested in conducting bio-equivalent tests because of no special merits in its trials and high cost. The KFDA initially selected 405 drugs of 24 ingredients to take the bio-equi...

Pfizer Korea Mulls Outsourcing to Zuellig

Pfizer Korea is said to be considering outsourcing some of its operations to Zuellig Pharma Korea. Pfizer Korea announced that it is looking at various marketing activities to establish a business strategy that is ...

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