News About: Pharm. Industry
Il-Yang Pharm Completes State-of-the-Art BGMP Factory for Inorganic CompositionOn November 12, Il-Yang Pharm completed the construction of its BGMP factory for inorganic composition containing state-of-the-art facilities with a manufacturing capacity of 2,...
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Establishment of overseas affiliates ever increasing trend.
A growing number of local drug companies are establishing their overseas affiliates and other joint venture companies associated with overseas corporations in order to develope world markets and export of patented tec...
Bioventure Industry Increases Sales Outsourcing
More and more bioventure firms are outsourcing the sale of their internally developed products to distribution specialty companies or are establishing their own distribution companies.
Bioventure firms try to divi...
Large Corporations Accelerate Entry Into Bio-industry
Large corporations are accelerating their full-scale entry into the bio-industry.
According to industry sources, companies such as LG, Samsung and SK, considered the biggest corporations in Korea, as well as Cheil...
BT Industry Cooperation Between Korea and Scotland Is Strengthened
A delegation of 17 members including KPMA Chairman Kim Jeong-Suh and chief director Yu Seung-Pil as well as the president of the organization representing the Korean pharmaceutical industry will visit Scotland, an adv...
Choongwae Pharma Reorganizes by Expanding Health Care Business Headquarters
Choongwae Pharma Corporation reorganized their structure by creating sales departments by region which are divided by business department such as Medical Business headquarters and subdividing the company's manufacturi...
Korea Mypharm to merge Bando Pharm. Co.
A drug franchise company named Korea Mypharm (Representative: Huh Young-joon) has acquired Bando pharmaceutical company that was recently defaulted. Korea Mypharm is running a drug wholesale business too.
Now, Kore...
KPMA calls for drug companies to take part in hospital tenders.
Following Oct. 17 the KPMA requested to the government again on Nov. 5. for allowing the drug manufacturers to take part in the hospital's open public tenders if the government post-supervisory controls over the drug ...
The era for Medical Representatives is coming up.
The KPMA announced that so called the MR (medical representative) qualification system would be soon adopted. Then, the prestige of the MR job in most of pharmaceutical companies may be significantly upgraded. The MR ...
Normalization of Management of Choseon Pharmaceutical Triggers Confusion
The normalization of management of the dishonored Choseon Trading Pharmaceutical is expected to be obscure for a considerable period of time because of the legal dispute concerning management right between the company...
