All Type of News
VGX International to acquire pharmaceutical unit of JEC
VGX International announced on August 10 that it plans to take over the pharmaceutical unit of JEC, a local GMP consulting firm that provides total solutions for the biopharmaceutical manufacturing process facilities....
Medical research center to open in 2010
A new medical research center will be set up in 2010 to assess the economic feasibility of sophisticated medical technologies, according to the Ministry of Health Affairs.
To that end, the ministry plans to draft a...
Ever growing Plavix and Lipitor sales encountered challenges.
Plavix, an anti-arteriosclerosis by Sanofi-Aventis and Lipitor, an anti-cholesterol drug by BMS Korea and Pfizer Korea, have enjoyed with ever growing sales in the market since long time but recently encountered with ...
Korean drug makers get a win in generic Lipitor case
Recently, a local Patent Trial Board ruled that a key patent that Pfizer holds on atorvastatin, the active ingredient in Lipitor, is invalid. The decision means that Pfizer's Korean patent on the drug, the world's top...
Small- and medium-sized pharmaceutical firms seek to expand facility investment
A growing number of facility construction projects have been promoted by several small- and medium-sized pharmaceutical firms to meet local demand.
Shinpoong Pharm said it will construct a new factory for the local...
LG Life Science to launch Zanidip 20mg.LG Life Science has launched a new strength of Zanidip 20mg tablet, claiming that it has a double strength in its potency for 24 hour action.
LG said that Zanidip 20mg showed...
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Household spending on medicines falls in second quarter
Korean households spent less on drugs than furniture or entertainment in the second quarter, the nation's statistical office said on August 9.
Each household spent an average of 29,400 won on medicines every month ...
Abbott Korea to release Precision Xceed blood glucose monitorsAbbott Korea plans to introduce Precision Xceed blood glucose monitoring systems sooner or later.
Precision Xceed is an advanced diabetes management system that has the capab...
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Indian made bulk for generic drugs on the rush.
The bulk drug made in India has enjoyed its world markets with far less prices and high quality, which seems to prevail in the Korean market too.
The KFDA report on the subject of "Status of bulk drug DMF" disclose...
Asset of individual pharmaceutical stocks exceed 1 trillion won
An increasing number of individual pharmaceutical stocks have surpassed 1 trillion won, largely due to the recent bull run on the local bourse.
By asset, Yuhan Corporation topped the list with 1.8 trillion, followe...
