News About: Pharm. Industry


M&A and Big Deals in pharmaceutical industry rootlessly rumoured

Rootless rumours widely spreaded that big deals between the top drug makers and M&A by domestic conglomerates were attempted, which was voiced loudly in the stock exchange market where "the confidential letter for int...

5 listed drug makers announced to give dividends.

The Korea Stock Exchange announced publicly that 5 drugs makers including Bukwang (fiscal year closed at Dec. 31, 1998) planned to pay dividends to their stockholders. Bukwang will pay 0.1 stock per a stock or in c...

Advertising and marketing promotion activity extremely slow due to IMF economic difficulties.

According to the financial analysis against KSE listed drug companies (account closing at Dec. 31), he advertising and market promotional expenditures in 1998 recorded extremely low by 33% and 20% decreases over the p...

KSE Listed drug companies remarkably improved debt ratio

The financial structures of listed drug companies having their accounts closed at Dec. 31, 1998 showed 177.05% of debt ratio, which was substantially improved even under the IMF economic crisis and difficu...

Domestic companies called to a bout on insecticide market with foreign invested firms.

3 domestic drug companies, Kukje, Kwangdong and Samhyup Boopum, are launching their new products to the insecticide markets, and 3 foreign invested companies, Bayer, Johnson and Crorax seemed to take a market leaders...

Strategic business tie-up surged between local and foreign invested firms.

A strategic cooperation between domestic and foreign invested drug companies has surged to a remarkable progress these days for an exchange of their business strengths, being reciprocated with strong and nationwid...

Administrative punishment over Ferritin fraud to be executed as determined.

(Newsflash) The KFDA plans to execute the administrative punishment over the illicit Ferritin preparations and continue the investigation of illegal drugs although the relevant drug makers expected at least a chanc...

Daewoong Chemical stocks to put on bourse in Sept.

Daewoong Chemical Co. (President: Moon Soon-ku), a pharmaceutical raw material producer currently enjoying a rapid growth announced to put their stock into the public stock market around coming Sept. The paid-in c...

Drug industry resists against price slashing policy as government administrative oppression.

A recent government movement of overall 30% price down for insurance drugs ran into a strong resistance by the drug industry, who was claiming it as an administrative oppression of no reasonable economic consideration...

No quality problems of Ferritin additive substances.

The drug industry sharply criticized the recent KFDA administrative measures against the OEM product of Ferritin preparation, saying that the KFDA announcement in public rather created a lot of confusion problems and ...

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