News About: Pharm. Industry


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 ...

Reductil, an anti-obesity drug, to launch in upcoming month.

A world reputed anti-obesity drug, Reductil, seems to be launched into the Korean market around the upcoming Oct. Abbott Korea and Il Sung jointly took a symposium on Reductil for its sales promotion at Shilla hote...

OTC cold remedy market on high fever.

After the medical reform program the sales of non-prescription common cold remedies showed a sharp upturning trend in the market, which is even more accelerated now entering this fall season. Once this market shrun...

Backlash to massive drug price slash for items on appeal.

The drug industry sharply resists against the government's massive price slashes particularly for the items that earlier raised appeals, claiming that the government decision was measured without paying any considerat...

Seoul Court of Administration Throws Out Case Filed by Choseun Pharmaceutical Corp.

The Seoul Court of Administration issued a final judgment on September 13 throwing out the appeal filed by Choseun Pharmaceutical Corp. in connection with the administrative measure made against it by the Korea Food &...

Pharmaceutical Companies Under Obligation to Report in Advance for Supporting Society

Pharmaceutical companies should report the purpose, schedule, location and the number of participants 10 days in advance to the Korea Fair Competition Bureau to support the society, and strong measures will be taken s...

Ildong Pharmaceutical Company Exits From Workout Program After 34 Months

Ildong Pharmaceutical Company has gotten out of the workout program 34 months after it was placed under the program by the Korea Development Bank (KDB) in December 1998. According to the KDB a documentary resolu...

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