All Type of News
Cash-strapped wholesalers to get financial aid
Cash-strapped drug wholesalers struggling to keep their business afloat will receive financial help from some of foreign-invested pharmaceutical firms dealing with Zuellig Pharma Korea as hospitals have delayed drug p...
Hyosung eyes pharmaceutical plant
Hyosung Group is seeking to take part in local pharmaceutical plant projects with advanced technology and recorded data the company has accumulated over the past decades.
Founded in 1957, the Hyosung Group has sinc...
Government to get tough on ‘medical shopping’
Patient will not be able to receive the duplicate prescription of same medicines over the same disease from three hospitals from July, according to the Ministry of Health, Welfare and Family Affairs.
The ministry s...
LG, CMC to develop testing kits
LG Life Sciences signed a memorandum of understanding (MOU) with Catholic Medical Center (CMC) in a move to jointly develop genetic testing kits here, it was announced on May 14.
They agreed to join forces to expan...
Hanmi eyes growth through strategic alliances
Business sources say that a number of domestic pharmaceutical firms have recently established strategic alliances with multinationals for co-marketing and co-development of new drugs to effectively minimize outlays fo...
KFDA to nurture domestic wholesaling business
The Korea Food and Administration said on May 13 that it would work out measures to support domestic wholesalers and minimize possible damage to the industry from foreign enterprises.
“We will set up various polici...
Hanall, Yungjin listed in MSCI index
Hanall Pharm and Yungjin Pharm have recently been included in the list of Morgan Stanley Capital International (MSCI) South Korea Index to gauge shares valued $100 million, according to an analyst of Daewoo Securities...
Global BioTech Forum 2009 to open in June
The Korea Drug Research Association and the Korea Trade-Promotion Investment Agency will open their global two-day biotech forum at COEX InterContinental Hotel between June 23 and 24.
70 foreign pharmaceutical firm...
Ahngook to build W13 bil. GMP plant
Ahngook Pharm says it will invest 13.0 billion won to build a new GMP plans by September next year.
The company had a groundbreaking opening ceremony of such plant in Hwasung, Kyunggi Province on May 11.
The pla...
Bukwang authorized to resell Levovir, KFDA says
The Korea Food and Drug Administration has allowed Bukwang Pharm to remarket Levovir, saying the benefits of the product outweigh the risks.
Levovir is an antiviral agent for treatment of hepatitis caused by the he...
