News About: Pharm. Industry


Pharmaceutical Companies Devoted to Attracting New GP

After the enforcement of the separation system for clinics and pharmacies, pharmaceutical companies are increasingly trying to attract new general practitioners to take advantage of a trend in which doctors who have s...

Pharmaceutical Industry requests expansion of tax deduction for R&D

With the Government's reorganization of the tax system by reducing the tax for the middle class, individuals and corporations that aim to boost the Pharmaceutical Industry are strongly requesting for the expansion of ...

Daewoong to launch Easyet product in Sept.

Easyef, topical liquid agent for diabetic foot ulcer therapy, has been launched to the commercial market, which was the 2nd new drug in Korea and the first bio-engineering drug in Korea. Daewoong took a commercial ...

Requested various choice of items at selection of prescription medicine.

Responding to the medical society's preparation of a list of prescription medicines, the Korea Pharmaceutical Manufacturers Association (KPMA) called for the selection of a wide range of medicines for the continued an...

Cosmetics Sales in Pharmacies Increase in First Half

Sales of cosmetics exclusively available at pharmacies have increased in the first half of 2001 compared to the same period last year. Sales of cosmetics in pharmacies had wavered early this year as a result of c...

Comparative Advertising Will Lead to Customer Disbelief

In response to the announcement made by the Korea Fair Trade Commission that they would permit advertisements comparing competing goods, pharmaceutical manufacturers opposed the plan, saying that unlike general mercha...

Pharmaceutical Industry Increasingly Attracting Medical Doctors

Local leading pharmaceutical companies are increasingly attracting medical doctors, a practice which is common among multinational pharmaceutical companies. The five local pharmaceutical companies which have rec...

Chong Kun Dang Pharmaceutical Corp. to be split into 2 companies

Chong Kun Dang Pharmaceutical Corp. will be divided into 2 corporations by separating its Raw Material Business section. Chong Kun Dang held a meeting of the board of directors on the 29th and decided to separate t...

Whanin now under management of no borrowing.

Amid a protracted economic recession now prevailed widely in Korea many business corporations are trying to keep their financial leverage more stable. In the pharmaceutical indu...

Two companies in court receivership on the verge of M&A

Shin Dong Bang Medix and Sanga Pharmaceutical Company, which are under court receivership, will be able to normalize their operations when they are taken over by third parties in September and the end of this year, re...

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