News About: Pharm. Industry


‘Global rebates’ made by a multinational pharmaceutical company

A multinational pharmaceutical company which recently had seizure and search from the investigation authorities under suspicion of illegal rebate provision has brought disgrace on itself. This is because it has arous...

Pharmaceutical industry’s ethical management spread reduces hospitality expenses

In addition to the spread of ethical management in the pharmaceutical industry, expenses for hospitality-related expenses were observed to decrease. According to the Yakup Shinmoon’s analysis result of 2015 audit re...

Reasons why Boehringer VP visited Korea

Vice President Gerd Stehle at the tumor department of Boehringer Ingelheim visited Korea. Why? The primary reason is to attend the global press conference in Seoul on the 30th....

Hanmi Science purchases 200k m2 land in Yantai Economic Development Zone

A Hanmi Pharm’s holding company, Hanmi Science(CEO Jong-woon Lim) announced on the 29th that it has purchased land in the economic development zone in Yantai, China to establish...

Korean PDR will be released next year

The Ministry of Food and Drug Safety(MFDS) is working on publishing the ‘Korean Physician’s Desk References’ to support the domestic pharmaceutical industry as well as its pharmacopoeia. The MFDS has established deta...

Pharmaceutical industry aiming for ‘UN Healthcare Project Service Market’

The UN’s(United Nations) healthcare project service market is getting bigger. Domestic pharmaceutical companies have actively put efforts on entering the market, and their shares in the market is enlarging. The market...

Teva-Handok established by world-class pharmaceutical companies suffers in Korea

A company jointly established by an Israeli multinational pharmaceutical company ‘Teva’ and a domestic pharmaceutical company ‘Handok,’ Handok-Teva’ was known to have difficult ...

Average KOSPI pharmaceuticals’ sales growth rate is 1.5 times higher than one of KOSDAQ

Last year(2015), 36 KOSPI listed companies’ sales were KRW 334.5 billion on average, increased by 17.7% compared to 2014, and 26 KOSDAQ listed companies’ sales were KRW 93.3 billion increased by 11.4%, showing the gro...

Is revealing rebate survey result legal or illegal?

The Korea Pharmaceutical Manufacturers Association has attracted attention as deciding to reveal the secret voting result as one of the rebate eradication measures. Even if it plans to reveal the result only internall...

Push-in activities to pharmaceutical distribution companies

The industry has paid attention as pharmaceutical companies’ push-in activities have increased. According to the industry concerned on the 28th, pharmaceutical companies have pushed in a large amount of products in a...

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