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Korea's seven researchers chosen for AstraZeneca's Virtual Research Institute project

AstraZeneca Korea (AZK) announced on October 23 it has finally chosen seven Korean researchers to conduct its Virtual Research Institute (VRI) after screening their papers, which was first launched last year in collab...

Mogam-Haus built on Aachen University

RWTH Aachen University, one of the most prestigious universities in Germany and one of the leading technology universities in Europe, announced on October 22 that it has constru...

Government mulls new price guideline over controversial drug policy

Amid rising concerns over two domestic drug makers' failure to get their drugs listed in the national health insurance scheme, Hyun Soo-yeop, director of Health Insurance Assessment Team in the Ministry of Health and ...

Gioyoung, Withpharm are likely to announce merger agreement soon

Gioyoung Group, which owns nine wholesalers, plans to announce the signing of a definitive merger agreement with Withpharm (three firms) within this week at the latest, after completion of their diligence, according t...

Hanmi Pharm to recruit more 130 jobs in second half

In its globalization vision, Hanmi Pharm plans to hire 130 new and experienced employees by November 6, following its 100 jobs in the first half. Job seeks will apply for five units export, sales, research & devel...

Side effects seen in patients treated with topical steroids

Topical high-potency steroid treatment of eczema in adults is often successful, but may be associated with systemic effects, said Rep. Chang Kyung-soo of the Unified New Democratic Party who cited data submitted by th...

VGX International to set up plasmid research and production facilities in Chonju

VGX International on October 19 unveiled its plan to establish its research and production facilities for plasmid in an industrial complex in Chonju. The production facility at Chonju industrial complex is expected...

Glass Lewis ures Dong-A's foreign shareholders to vote against Kang-Korea Alcohol nominees

Dong-A Pharmaceutical Co. announced on October 19 that Glass Lewis & Co, one of the world's leading independent providers of proxy voting recommendations and corporate governance advisory services, have recommended th...

Pharmacy chain corporations focus on selling private brands

Pharmacy chain firms are strengthening their private brand products in a bid to diversify pharmacy income sources. Analysts say their private brand products will bring greater more income and profits to many pharma...

Korean firms eye large logistics center in Seoul

Domestic enterprises are seeking to join a logistic center project in Changji-dong, Songpa-ku of Seoul and other areas, Seoul City officials said. The project is being promoted by the Seoul SH Corporation. The s...

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