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4 Korean pharmaceutical firms aiming to launch first generic version of Lipitor
Four Korean drug makers plan to simultaneously launch generic versions of Lipitor in June with hope of acquiring large share of the patented drug's market.
The run-ups include Hanmi Pharm, Yuhan Corporation, Dongwh...
Wholesalers in dilemma over GSK margin issue
The controversial GSK margin issue is emerging as hot potato among wholesalers.
The Pharmaceutical Development Consultative Committee has urged GSK to restore the falling wholesaler margins to the normal level unti...
Seoul based wholesalers reinitiate selling GSK products
Wholesalers in Seoul decided to re-distribute all products of GlaxoSmithKline from April 15, according to pharmaceutical business sources.
In a April 14 meeting with a high-ranking GSK official, which was organized...
Low-priced drugs headache for drug makers
Low-priced or exit-prevention medicines should be excluded from the current small drug package system, according to pharmaceutical sources.
These drugs are big headaches for pharmaceutical manufacturers as many fir...
JLC's Binex merger plan hit snag
JLC says that it has failed to acquire Binex due to opposition of its large shareholders, although both companies signed a take-over contract with Binex, a biopharmaceutical firm on January 12.
JLC is keen on Binex...
MSD Korea, Daewoong seeking strategic alliance for Januvia
MSD Korea and Daewoong Pharm have recently agreed to jointly market Januvia (sitagliptin phosphate) under their second strategic alliance following Fosamax Plus last March.
Approved by the Korea Food and Drug Admin...
Deregulation in health food sector gives big boost to consumers
Competition among health food suppliers brings benefits to consumers since it pushes down prices and improves service quality, according to a local professor.
In a recent forum, Professor Shim young of Yonsei Unive...
Yoon named new president Sandoz KoreaSandoz Korea appointed Yoon So-ra as its new president on April 15.
She was previously a head of Asia-Pacific Division in Sandoz Group.
Ex-president Mark Jaggers was trans...
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Yuyu to launch Uclid tablets
Yuyu Pharm received marketing approval from the Korean Food and Drug Administration (KFDA) for Uclid, a combination of ticlopidine HCl and ginkgo biloba extract.
Uclid will be marketed in June in 80 mg tablet stren...
Yi conducts 18 experiments in space
Boryung Pharm says Korea's first astronaut Yi So-yeon spent the weekend conducting various experiments with samples, including Boryung's three cell lines plant cells and two stem cells.
Yi will conduct 18 experime...
