News About: Pharm. Industry
Drug industry just to wait and see for M&A fever prevailed in overseas.
While the foreign multinational drug corporations were in an M&A turmoil for their survival in the world markets, the domestic drug industry seemed to make any movement for such external environmental challenges.
Dur...
Domestic and multinational drug corporations on hot struggles for survival.
A battle for the pharmaceutical market share between domestic and foreign multinational drug companies has shown a fearful competition for survival, which was more accelerated by a brisk movement of local companies' R...
Drug industry on hot head-hunting for sales.
Recently many help-wanted advertising by drug companies for sales area appeared on the public mass media after Dec. last year, indicating a favorable trend of once ailing industry after the IMF economic turmoil.
K...
Drug makers and franchise companies to vie with each other for new drug markets.
The drug manufacturers and the drug franchise companies are struggling hard to multiply their sales in the retail pharmacy markets to cope with the forthcoming implementation of the medical and pharmacy separation pla...
Franchise chain drug stores to introduce 400 new products.
To cope with the upcoming new market environmental changes under the government medical and phamacy separation plan as scheduled to launch from July 1, for which the retail pharmacy community feared to bring out a pos...
Domestic biotech products on rapid growth in the market.
The domestic bio-technological products grew up rapidly, showing a consistent increasing curve by annual 32.1% hikes on average probably until year 2003, predicted by the KEIT study report.
According to the researc...
Trademark dispute on Jungrowhan ended with Boryung's success.
The trademark dispute between Boryung and Dongsung on "Jungrowhan", an anti-diarrhea agent, argued since 1996 has been finally settled down by the Supreme Court.
The dispute began with the government authorization ...
Multinational drug companies swept local markets with new drugs.
By taking the great transforming opportunity of the medical and pharmaceutical administrative systems in Korea, foreign multinational drug corporations tried to undertake utmost advantages in their business by infiltr...
Insurance drug supply to be contracted again.
During the first half of this year many national and public hospitals made drug purchasing contracts but now should make a new contract with drug suppliers again according to the relevant provisions when any purchasin...
U$30 million of prepayment for licencing IY-81149 out to 6 foreign companies.
Il Yang announced in the press interview on Dec. 21 at Palace hotel that the licence agreement was signed for an antipeptic ulcer drug, "IY-81149" with 6 foreign companies that were associated in consortium with Canad...
