News About: Pharm. Industry


Foreign franchisers are about to move into Korea market

Foreign franchisers are about to move into Korea market Domestic companies seem to need to form a consortium While the pharmacy chain market has lot of difficulties due to lack of capital, foreign franchise compan...

Insurance Medicine in stock should be treat within 3 months

Insurance Medicine in stock should be treat within 3 months: 66.7% Pharmaceutical Company scares managerial aggravation Netizen is said to need the sufficient time of dealing with medicine in stock so as to preve...

Conglomerates reorganize their pharm. divisions to cultivate life science

Conglomerates reorganize their pharmaceutical divisions to cultivate life science LGĀ·SK Group, take the lead in aiming for the world market Thinking that life science will decide the competitive power and existenc...

Chung Sim Won liquor in the Market Ask for official re-approval

Choseon Pharmaceutical & Trading Co., Apply for provisional injunction Against permission revocation: Chung Sim Won liquor in the Market Ask for official re-approval In relation to the Korea Food and Drug Admi...

Influx of new drugs by multinational drug corporations.

After the implementation of the government medical reform program only winner was the foreign multinational drug corporations with their original branded products along with abundant new pipe line products. Their s...

Massive price slash over 3,441 insurance drugs.

The MOHW announced in the meeting of the Helath Insurance Examination and Coordination Commission on Feb. 27 that the medical insurance prices for 3,441 drugs were reduced by 78.77% in high and 0.01% in low, thus the ...

Companies in deep troubles with retiree's taletelling.

A growing number of ex-company employees discharged voluntarily or forcefully threatened their former company management with disclosure or taletelling of the company operational irregularities collected during their ...

Any supports for physician's overseas scientific conference attendance to prohibit

Many foreign multinational drug corporations and a part of domestic major companies have supported physicians who attended to the overseas seminars or scientific conferences as their marketing strategic project. Howev...

Drug industry in fear of FTC investigation.

The Fair Trade Commission undertook quite an extensive inspection from Feb. 12 over the unfair trades prevailed in the medical institutions and the pharmaceutical industries by delegating 6 investigators now and addit...

Fierce market competition seen in anti-hypertension drugs.

To meet the winter seasonal market demands for anti-hypertensive market, the total potentiality of which estimated to 250 billion won, most of leading local pharmaceutical companies are trying to introduce better comp...

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