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Pharmaceutical formulation technology essential for company growth

Small– and medium-sized pharmaceutical firms need to develop its own formulation technology to improve their competitiveness in the domestic medicine market, according to a local expert. Local pharmaceutical compan...

Supermarket’s selling drugs triggers irresponsible sub-dividing selling

If supermarkets are allowed to sell OTC products such as digestives or pain-killers in a sub-dividing form, this will endanger people’s health, a local pharmacist said. Shin Choong-woong, Seoul chapter chairman of ...

Ilyang to enter Phase I/II studies for new investigational leukemia drug

Ilyang Pharm says it will conduct Phase I and II trials simultaneously for its new leukemia medicine “IY5511” in 10 hospitals at home and abroad for 18 months, after getting the...

Mucopect to go on sale

Boehringer Ingelheim Korea says it will launch its oral OTC product Mucopect tablet (ambroxol HCl) sooner or later. Ambroxol is a metabolite of bromhexine. It is an expectora...

Daewon, Samyang to strengthen co-development of new drugs

Daewon Pharm signed a memorandum of understanding with Samyang Corporation to jointly develop three new tranquilizers using Samyang’s fast dissolving tablet (FDT; also called “orally dsintegrating tablet”) technology....

Growing generic market in ASEAN countries

The generic pharmaceutical market in ASEAN countries is growing at a compound annual growth rate from 2001 to 2007 at an estimated 11.1 percent. Prospects for the generic market in the region looks very bright as ...

OTC makers struggling to boost sales

A red light is on for the nation's over-the-counter (OTC) makers as their flagship products, such as medical plasters and ginkgo biloba preparations, are not sold as expected earlier, although these items have been al...

Insurance price troubles Daewoong

Daewoong Pharm, which had been negotiating with the National Health Insurance Corporation over insurance price of Vixgrel tablet, a chemically modified clopidogrel preparation, is now faced with tough challenges. A...

Combined stock value of 15 pharmaceutical firms tops 9 trillion won

The combined stock values of 15 drug makers amount to 9.1 trillion won, showing an increasing trend thanks to growing interest over pharmaceutical stocks, according to chaebul.com, an online information site on busine...

Trast patch, Ginexin-F get Korea’s 2008 top brand awards

SK Chemicals says its two flagship products – Trast (piroxicam) patch and Ginexin-F have been selected as Korea’s 2008 top brands. The nation’s three online information sites...

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