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Taekyung Pharm to merge with Geopharm
Geopharm group, a regional big wholesaler in Taegu, Taejeon and Kwangju, has merged with Taekyung Pharm in a form of capital increase by 2.5 billion won to the latter.
The amalgamation of the two entities will crea...
Huons to team up with Torrent Pharm in India
Huons Co. said on Feburary 11 that it signed an exclusive agreement with India-based Torrent Pharmaceuticals, the flagship company of Torrent group, to introduce antihypertensives, anti-arteriosclerosis agents, antidi...
EstechPharma to export rebamipide to Japan
EstechPharma said on February 12 that it will export rebamipide worth $840,000 to Japan until next month, since its first shipment.
Rebamipide is a novel compound synthesized by Otsuka Pharmaceutical Co., Ltd.
T...
Lucentis therapy is superior to verteporfin photodynamic therapy
The 2-year results of the ANCHOR clinical trial indicate that Lucentis therapy for age-related macular degeneration (AMD) with new-onset, predominantly classic choroidal neovascularization (CNV) is superior to vertepo...
Parties clash over next chairmanship of KPMA
Dispute has been escalating over the next chairmanship of the Korea Pharmaceutical Manufacturers Association.
In a meeting on February 5, the KPMA’s advisory committee decided to reappoint Ur Choon-sun, the incumbe...
Korea’s healthcare professionals top 1,010,000
Korea has a total of 1,010,000 medical providers as of the end of 2007, according to data released by the Korean Medical Association.
Of the 1,010,000 professionals, there are 91,475 doctors, 23,126 dental doctors,...
Sohn Gun-ik promoted to social welfare director of health ministry
Sohn Gun-ik, incumbent health policy director, has been recently promoted to social welfare director, the Ministry of Health and Welfare said.
Born in Youngil, North Gyeongsang Province, in 1956, Sohn began his bur...
Ketotop patch wins 2009 best brand award
Pacific Pharm said on November 11 that its Ketotop patch has received this year’s Best Brand Award in an annual consumer-voting event, which has been jointly hosted by the Korean Customers' Forum and Korea Economic Da...
Aronamin and Nitracare wins first brand awards
Ildong Pharm’s Aronamin (multivitamin) and Natracare (sanitary napkin) were selected as 2009 premium brands, in this year’s best brand ceremony hosted by Korea Consumers' Forum and Korea Economy Daily.
The First Br...
Export drive to sweep pharmaceutical industry
Fierce competition in the domestic medicine market is making it harder for companies to do business.
Analysts expect a large number of mergers and acquisitions (M&A) to take place among companies, and restructuring...
