All Type of News
Distribution companies exhausted from pharmas’ excuses on settling balance created by drug price cuts
Pharmaceutical distribution companies are reportedly concerning about settling balance created by the drug price cuts.
According to the industry concerned, Korean pharmaceutical companies have delayed settling the ba...
Will pharma industry’s dream of having presidential committee come true
The 19th Presidential Election will be held on the 9th, which has drawn attention of the pharmaceutical industry as well. Who will be elected is an interest of the nation, but each industry has their expectation on th...
SK Chemicals will jointly carry out development and Phase 3 clinical trial of next generation children enteritis vaccine
SK Chemicals is enlarging its position in the international market with its technology and manufacturing power in vaccine.
SK Chemicals announced on the 1st that it signed an agreement for development of a next-gener...
Government & distribution field are expected to continue discussion about serial number
It seems the discussion about the drug serial number system, which has been paused since the debate last March, is going to restart soon.
It was known that the Korea Pharmaceutical Distribution Association and the Mi...
Pharma industry’s SG&A expenses accounting for 30.5% of total sales
It was observed the pharmaceutical companies’ SG&A(selling, general and administrative) expenses, which reached about 30% of their sales, have been a factor that blocks the way from increasing profitability.
Accordin...
166 pharmas record 6.3% operating profit rate, earning KRW 63 out of making KRW 1k sales
Pharmaceutical companies were analyzed to generate KRW 63 out of selling products, including both goods and merchandises, worth of KRW 1,000 last year.
According to the Yakup Shinmoon’s(www.yakup.com) analysis result...
MFDS’s active support on developing orphan drugs for Korean pharmas
The Ministry of Food and Drug Safety(MFDS) will make various systematic support plans to promote Korean pharmaceutical companies to expand their business into the orphan drug market which globally records a high 10% g...
Yuhan Corporation founds ‘Yuhan Philia’ specializing in beauty and health
Yuhan Corporation(CEO Jung-Hee Lee) announced foundation of ‘Yuhan Philia,’ a company specializing in beauty and health on the 1st.
In order to secure future growth power and specify its business diversification stra...
‘Integrated Narcotics Control System’ starts on May 2018 for all items
The Ministry of Food and Drug Safety(Minister Mun-Gi Sohn) made a pre-announcement of the partial revision of the ‘Enforcement Regulations of Narcotic Control’ which changes the enforcement date of the ‘Integrated Nar...
Distribution industry’s concerns on EZmedicom’s entry into bidding market
The pharmaceutical distribution industry has held meetings every day to discuss about pharmaceutical companies entering in the drug bidding market, and is seeking for countermeasures.
According to a source in the ind...
