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Janssen Korea to achieve 20 years of no accidents.

Janssen Korea has achieved "No Accidents" for 20 years in their factory operation, and firmly fixed its position as a production center in the pacific area of Johnson and Johnson pharmaceutical division by completing ...

Daewoong to appoint 16 associated wholesalers in metropolitan areas.

Daewoong announced on June 13 to appoint 16 associated wholesalers in 6 sectors of the East, West, South, North, Gyeonggi South and Gyeongin in the metropolitan areas. A member of Daewoong said "We will have a regu...

Drug prices to hospitals higher than wholesalers.

A direct dealing price of drugs to hospitals by the drug maker showed far higher than the dealing price to hospitals by wholesalers. According to "Average Drug Purchasing Prices by Medical Institutions" compiled by...

HIRA holding explanatory meeting for NHI review system.

The Health Insurance Review Agency (HIRA) announced to have an open educational program for healthcare providers and general individuals at the auditorium of Seocho office on June 23 over the national health insurance...

Hanil and Japanese Nippon Chemiphar signed business tie-up

Hanil signed an agreement with Nippon Chemiphar on June 7 for the distribution of Ozagron, a CNS drug. President Lee Dong-il of Hanil said "we could expand the market for Ozagron in combination with injectable Herb...

Retail pharmacy communities discontented with discrimination.

After the implementation of the medical and pharmacy role separation system the drug makers and wholesalers have put more marketing promotional efforts to the prescribing physicians as an emerging business partner wit...

Novartis Korea conducted 29 multinational clinical studies.

About 29 multinational clinical studies were projected by Novartis Korea to conduct this year, which will be the top in number of the Koreas pharmaceutical industry, spending $30 million for 3 years financed by its he...

Sandoz looking at Korean OTC market.

Sandoz, a subsidiary of Novartis's OTC business, is now seeking for the OTC drug market in Korea. Novartis Korea said that Sandoz, a Novartis affiliate for the OTC drug business, took over Hexal AG, the 2nd top OTC d...

Daiichi Korea's sales and profits declined.

Daiichi Korea reported the 15th fiscal year (April 1, 2004 to Mar. 31, 2005) financial statement covering 11.1 billion won of sales (3.24% up from the previous year period), 1,376 million won of operating income (36.7...

KPA harshly to reject OTC drug sale at supermarkets.

Recently a press reported that OTC drugs would be granted to sell even at general supermarkets, which provoked a big shake to retail pharmacy communities so hard that the Korean Pharmaceutical Association (KPA) declar...

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