News About: Pharm. Industry


Increase Budget to More Than 20 billion won for New Drug Development

Following its demand for the maintenance of an actual transaction redemption system, the Korea Pharmaceutical Manufacturers Association (KPMA) has asked the Government to increase its budget for the development of new...

War Without Bullets Between Ketotop and Trast

The already fierce competition in the pasting type arthritis remedy market between Ketotop of Pacific Pharm and Trast of SK Pharm has further intensified following the introduction of the separation system. Trast,...

Too many hurdles for drug industry to launch new products.

The common prescription drug list as regulated by the revised provision rather hampers the drug company smoothly to launch any new products into the market. According to the revised provision, it takes quite a long...

KPMA to exert efforts for successful settlement of Actual Transaction Price system.

Top executive officers of the Korea Pharmaceutical Manufacturers Association (KPMA) including Mr. Kim Chung-soo, the president, Mr. Yoo Seung-pil, the chairman of the board, Mr. Choi Hyon-shik, the chief commissioner ...

Aloe product market of 200 billion won shows speedy improvement

The Aloe product market, which forms one of the three health supplement products along with chitosan and Calcium, is continuing its steady improvement. According to the Nutritional Supplement Industry, the Aloe mark...

'Non-Model' Trend Has Increased in Pharmaceutical Advertisements Since Specialization

While the public advertisements of the country's pharmaceutical industry have continuously increased since the introduction of a specialization system, an emerging trend has caught our eye in which the so-called non-m...

Bio-Industry to Be Specialized By Region; Integrated Place to Be Created

The nation's bio-industry prepares to establish a stronghold by region and try to secure a solid footing in the world arena. Jae-shik, Jang, Minister of Commerce, Industry, & Energy, announced a 'biotechnology indu...

Balanced sheets of Listed Pharmaceutical Companies Showed High Growth in December

The balanced account of listed pharmaceutical companies for December showed a favorable performance in the first half of this year due to the implementation of the actual transaction redemption system and the system o...

Kosdaq listed drug companies achieved 30% sales growth in first half of this year.

9 pharmaceutical companies listed in the Kosdaq had achieved over 30% net sales growth, 70% and 55% of the ordinary and net profits respectively during the first half of this year, showing overall excellent business p...

Export competitiveness to be enforced by securing strategic regions

The KPTA (Korea Pharmaceutical Trade Association) recently undertook a special measure to recover from the general stagnation of exports by establishing a cooperation channel with strategic export regions. The KPTA...

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