News About: Pharm. Industry


Market opening of imported drugs requested by ustr.

The USTR reported to the U.S. government on April 1 that the non-tariff trade barrier of Korea in pharmaceutical import still stood too high, describing that the imported drugs were significantly discrimi...

Chunil's dishonor struck a blow to pharmaceutical industry.

As of March 31 Chunil dishonored payment in the amount of about 30 billion Won, the exact number and detailed reasons for which have not been clarified yet. Other source said the amount would be 30 billion ...

Financing cost down vital for pharmaceutical industry.

According to a recent survey reported by Dongyang Security Research Center, a high import reliance of pharmaceutical raw materials caused increased financial cost (8.54) due to the Won/dollar exchange losses, ...

Insecticide market domain changeable

The local insecticide markets having dominated by Dong Wha and Samsung Pharm. since long time had to be changed by an aggressive market entry of foreign multinational corporations, Bayer, Johnson and Fumakil...

Majority equity ratio of pfizer pharm Korea

On Mar. 20 the company name of Pfizer Korea was changed to Korea Pfizer Pharmaceutical Co. Ltd. after making an agreement of acquiring shares owned by Shinwon JMC (Shinwon Jeil Moolsan Co.) between two parties...

Management profile of pharmaceutical firms:financial structures

Ever growing trend of pharmaceutical business has turned down into anera of low growth since the 2nd half of 1997 despite a temporary falsegrowth of 8.5% at the year end when the IMF crisis bursted out. According ...

Heedless switch of imported drugs

A few number of local medical institutes intended to switch heedlessly imported drugs with domestic products, which may provoke foreigners as well as our government authority to fear in bringing a trade friction. ...

Imported drug pricing adjustment in dilemma

The price adjustment problems in the standard retail and the hospital supply price for an imported drug as a result of the Won-Dollar exchange crisis became radical issue under dispute between the medical ...

Big change expected in pharm. industry

The foreigner's M&A has been rumored from the early of this year but up to now any visible result has yet to come out. It is therefore interested to predict when multinational corporations would activate their...

Pharmaceutical industry restructured

The local pharmaceutical industry already adopted a belt-tightening management policy in an attempt to overcome the IMF economic crisis. The management innovation focused on eliminating marginal products but...

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