News About: Pharm. Industry
Strategic tie-up between domestic and foreign pharmaceutical corporations.
From the second half of 1990s many local foreign pharmaceutical corporations and domestic companies were trying to make a business cooperation in an attempt to maximize their sales turnover within the mutual complemen...
New products launched by foreign multinational corporations estimated to 2 to 3 billion dollars?
A rumour is spreaded in the drug industry that about 2 to 3 billion dollar worth of new products would be soon launched this year in the Korean market by foreign multinational pharmaceutical corporations.
However,...
Full efforts focused on OTC best sellers.
Drug industry encountered many difficult situations caused by the insurance drug price down and depressed hospital markets thereby and therefore tried to maximize their sales productivity. In an attempt to alleviate u...
Foreign multinational drug companies pursuit top ranks of pharmaceutical buisness in Korea.
Foreign multinational pharmaceutical corporations are trying to put their business positions to the top ranks in Korean pharmaceutical industry at the coming year 2000 by means of introduction of new block busters, an...
M&A for core domestic business attempted by foreign multinational corp.
Following the previous year the foreign multinational corporation seems to get into an OTC market by an M&A process of the domestic core business.
Last year BMS took over Dong-A Biotech, Crorax absorbed Home-mate, ...
Foreign multinational pharmaceutical corp. to launch new products this year.
Many foreign pharmaceutical corporations are trying to launch their new products this year including Pfizer's Viagra and Glaxo Wellcome's Jepix (B virus hepatitis infections).
Glaxo-Wellcome.
-Glaxo-Wellcome's...
Dongshin management power transferrred to Mr. Kim Sae-hyun
Dongshin's management power was transferred to Mr. Kim Sae-Hyun, a Korean American business man (52 years old) during the extraordinary shareholder's meeting on Jan. 29.
In the shareholder's meeting, all Dongshin's ...
Il Dong workout plan finally settled down.
It was known that Il Dong received 74 billion Won of debt write-off, which was guaranteed for Maxon's lavish borrowings, Il Dong's sister electronic company, as much as 137 billion Won. Out of this, Il Dong received t...
KPMA demanded system change first and drug price adjustment followed thereafter.
The KPMA appealed to the government that a systemic tool for blockading hospital's unreasonable demand in their drug purchasing process should be established first, and then, the insurance drug price would be adjusted...
Hospital business stopped due to government drug price-cut policy.
The government overall price-cut policy of insurance drugs recently proceeded by the MOHW has caused the drug industry to withhold their drug supplies to hospitals in fear that a massive back order from hospitals may ...
