News About: Pharm. Industry
Gastric motility drug markets on remarkable changes.
Cisapride preparations were recalled from the market due to serious cardiovascular side effects, the market of which has generated about 100 billion won in Korea. Now, this market will be deadly competitive to fill wi...
KPMA called for elimination of unfair trade practices.
After the government's medical reform program being launched, unfair trade practices appeared in the marketplace with many problems such as unreasonable deals with retail pharmacies and allurement of prescription-fill...
Medium and small drug companies to change company name in foreign language.
A growing number of small and medium sized pharmaceutical companies have changed their company names in foreign language, attempting for a new great leap of their management, which included Korea United Pharmaceutical...
8 drug companies listed in Kosdaq achieved good business in 3 quarter period this year.
8 drug companies listed in KOSDAQ have achieved good profiles of their net sales and profits during the first 3 quarters this year. 8 companies include Kyungdong, Daehan, Samchundang, Seoul, Shinil, Ahnkuk, Zoa and Ji...
7 drug companies found unfair pricing practices for general drugs.
The KPA found that 7 drug companies supplied 12 different general drugs to pharmacies at far higher prices than the standard level by taking opportunity of drug supply shortage problems in the market at an early imple...
Vitamin compounded drugs to classify under quasi-drugs.
The KFDA announced a revised manufacturing guideline for vitamins, minerals, topical spray type of pain-killers, low dosed Vitamins and mineral preparations and nutrient/tonic/alteratives. titled "Guideline for Standa...
Pharmaceutical industry to initiate major restructuring process.
Recent Hanmi's merger of Dongshin seems to gear up a major industrial restructuring movement that has remained latent since quite a long time, by either an aggressive approach, an acquisition and merger of other compa...
A new dioxin detoxicant agent to develop by Daewoong.
Ursodeoxycholic acid (UDCA: Daewoong), a liver protecting drug, was found with a possible detoxicate effect against Dioxin, one of the most toxic environmental hormone interrupters.
An animal study conducted by Pro...
49 new drugs registered by 29 companies in first half of 2000.
A publication of the Korea Health and Industry Promotion Board on the subject of "A technology trend of the health and industry" disclosed that about 49 new drugs having 34 different ingredients, were introduced by 29...
Chances for licensing-in of new drugs from abroad more difficult.
As most of foreign multinational drug corporations already established their business presence in Korea, it is far less chances for domestic drug companies to make a licensing business tie-up with foreign research com...
