News About: Pharm. Industry


Il-Yang Pharmaceutical’s Noltec selected as ‘Innovative Medicine’ by Mexican food and drug safety ministry

‘Noltec(generic name: ilaprazole),’ an acid reflux treatment developed by Il-Yang Pharmaceutical(Dong-Yeon Kim), was selected as ‘Innovative Medicine’ by the Mexican Federal Commission for the Protection against Sanit...

Huons starts to export KRW 89 billion ‘lidocaine injections’ to the U.S.

Huons(CEO Ki-Ahn Eum), a subsidiary of Huons Global, will actively start to target the U.S. market for 1% Lidocaine 5mL Ample, an injection-type finished drug which acquired the new drug application(ANDA) from the U.S...

UAE’s Emir of Ras Al Khaimah visits Kolong Life Science and Kolo TissueGene

Kolon Life Science/Kolon TissueGene(CEO Woo-Seok Lee) announced on the 3rd that Sheikh Saud bin Saqr Al-Qasimi, the current emir of Ras Al Khaimah, and other 13 national guests visited ‘Kolon One&Only Tower’ located i...

Celltrion Healthcare starts to sell ‘Herzuma’ in Europe

Celltrion Healthcare announced on the 3rd that ‘Herzuma(generic name: trastuzumab),’ an antibody biosimilar for the treatment of breast cancer and stomach cancer, was first launched in the U.K. It is an early launch w...

SK Chemicals is planning to found a new company for its vaccine business

SK Chemical will split up the vaccine business. SK Chemical announced to decide to demerge the VAX business unit and create a new company at the board meeting on the 2nd.  The new company’s name was reportedly ‘SK Bi...

‘Growing’ Korean health supplements market attracting the high value industry

The Korea Health Supplements Association(Chairman Seok-Hyung Kwon) announced the 2017 health supplements market structure by size, ingredient and distribution channel based on data from the health supplement purchasin...

Both joys and sorrows about operating profits in the pharmaceutical packaging equipment industry

Last year, pharmaceutical packaging equipment companies have faced different situations in business performance. Yakup Shinmoon(www.yakup.com) analyzed 2017 audit reports that 7 major drug packaging equipment compani...

Huons signs KRW 56.7 billion European export agreement of ‘Hutox’

Huons(CEO Ki-Ahn Eum), an affiliate of Huons Global, announced on the 30th that the company signed an agreement to export ‘Hutox Inj(HU-014)’ to Europe. Based on the MOU signed last August with SESDERMA, a Spanish es...

Alteogen acquires U.S. formulation patent of biosimilar referencing ‘Eylea’

Alteogen officially announced on the 30th that the company acquired a U.S. patent of a stable liquid formulation of fusion protein with IgG Fc domain on 27 April. According to the company, the patent, formulation tec...

Foreign pharmaceutical company branches sending a half of net profits to their headquarters

Multinational pharmaceutical companies branching in Korea reportedly sent a half of net profits to their overseas headquarters without being careless in social return of company profits to the Korean society. Yakup S...

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