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Battle looms over lip care products

With more young people keener on learning about how to make their lips healthy and glossy in all seasons-outdoors or indoors, many lip care producers are set for a fresh battle for leadership in the local market. N...

Ildong's CP rated 'A3+'

Korea Ratings Corporation said on September 2 it has assigned a 'A3+' to Ildong Pharm's commercial paper. KR said Ildong's solid sales performance of flagship items is considered the best competitiveness of the co...

Drug company employment plans showing no increases in 2nd half of 2007.

Along with overall economic recession the pharmaceutical industry showed about 10% down in the employment plan, while the top 10 companies may keep usual levels as previous years according to Yakup Press survey based ...

Dong-A to enter "sibutramine" anti-obesity drug markets

Dong-A is going to launch Shranker capsule (sibutramine), an anti-obesity drug, into the markets. Shranker means a "shrink" in German, implying the reduction of a wait size and ...

Doctors required to prove fault-free treatment in medical accidents

The National Assembly's Committee for Health & Welfare said on August 29 that it would propose a bill that requires doctors to prove no-fault in medical accidents. The bill will be sent to the National Assembly ear...

VGX, Biokinetics forge partnership

VGX International announced on August 31 that it has inked a memorandum of understanding (MOU) with Biokinetics Inc., US centered professional engineering services company, to strengthen its cGMP consulting business i...

Mentholatum Korea raises Lip Ice sales target

Mentholatum Korea expects healthy gains in their respective Lip Ice and metholatum spray sales, though its associate wholesalers showed differing views on these items due to flavors and high prices. During the ongo...

Concerns rise among Korean drug makers

The domestic pharmaceutical sector is expected to face an inevitable blow following the Korean government's plan to deny a local pharmaceutical company the license to sell generic drugs for at least 12 months, if the ...

Anti-cancer drug markets on hot competition by different items.

An international level of the world cancer scientific conference will take place at "COEX" from Sept. 2 to 6, showing a hot marketing promotional activity for anti-cancer drugs by many foreign multinational drug corpo...

FTC urged not to corner local drug makers

Fair Trade Commission (FTC)'s recent probe into 200 local drug companies for their illegal business practice, including rebate-offerings to area hospitals, could hit some damage to the pharmaceutical industry in an er...

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