News About: Pharm. Industry
Drug export to china to focus on "Korea boom".
The marketing strategy for pharmaceutical export to China would be better tackled to "the Korean cultural boom" that is currently soaring up in China to implant good brand images in the market.
An aggressive advert...
Mixed Feelings Toward Diversion of General Medicine to Non-Insured Group
The country's pharmaceutical manufacturers are seeking a change of policy in marketing and operation as they carefully analyze the effect on profit and loss of a plan by the Ministry of Health and Welfare to convert g...
Shin Dong Bang Medix Co. Generates Profits of 7 Billion Won From Debt Exemption
Shin Dong Band Medix Co. has announced that it realized profits amounting to 7.08945863 billion won as a result of debt exemption after obtaining approval for its revised Corporation Disposal Plan on October 9.
Ac...
WA Cope Strongly with Multinational Companies Having Low Margin Policy
The wholesaler have decided to meet on grounds of association with multinational pharmaceutical companies including Korea Pfizer, which are being criticized for their low margin sales strategy.
The wholesaler asso...
Increased Specialization and Centralization Trend in Pharmaceutical Industry
Following the completion of Korea Green Cross Corp.'s corporation division restructuring last year, Chong Kun Dang Corp. separated its Raw Material Manufacturing segment this month and is scheduled to establish an ind...
Bio-Venture Firms Make Full-Scale Inroads into the European Market.
Venture firms suffering from financial difficulties are seeking a survival strategy by making inroads into the European market.
The Korean Bio-Venture Association will hold an opening ceremony for its European offi...
Analgesic/anti-inflammatory drugs market most attractive.
After the medical reform program the drug industry showed the most attractive market interests in the analgesic and anti-inflammatory drugs. During the 3rd quarter of this year 16 analgesic and anti-inflammatory drugs...
Pacific and Meditox to cooperate for Botulinum sales.
A bio-venture company, Meditox took approval for the technical review over the standard and specification and assay method of Botulinum product registration in Aug. this year and for the safety and efficacy probably a...
Continuous Price Reduction Expected to Shrink Pharmaceutical Industry
The Korea Pharmaceutical Manufacturers Association (KPMA) has announced that the continuing medicine price reductions initiated by the government is not only hindering the growth of the pharmaceutical industry which w...
Korea United Pharm Holds Groundbreaking Ceremony for Vietnam FactoryKorea United Pharm is slowly but surely realizing its goal of becoming a fully-fledged multinational company as it began construction of a factory in Vietnam, a follow-up to its...
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