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Strongest ‘Geo-Young’ and followed by ‘Baekje’ in pharma distribution industry

Geo-Young Group reconfirmed its position as the strongest recording KRW 2.7461 trillion in the pharmaceutical distribution market last year. Then, it was followed by Baekje Pharmaceutical ranking the 2nd with KRW 1.09...

Pharma industry generates 3 mega blockbuster products recording sales more than KRW 100 billion

It was observed 3 mega blockbuster products, which made annual sales more than KRW 100 billion, were launched last year. Dong-A Pharm’s quasi drug ‘Bacchus’ recorded the largest sales as a single product with KRW 212...

Bukwang Pharm signs exclusive sales agreement of schizophrenia treatment ‘lurasidone’

Bukwang Pharm announced it signed an exclusive license agreement od development, marketing, sales and distribution in Korea for ‘lurasidone’ developed by Sumitomo Dainippon Phar...

Hanmi reveals total 23 pipelines consisting of 14 biologics and 9 synthesized drugs

Hanmi Pharm(CEO Sae-Chang Kwon & Jong-Soo Woo) revealed the development status(hereinafter referring to pipeline) of 23 new drugs which are currently being developed now in 2017...

‘Top 5’ listed pharmas in R&D ratio to sales were ISU Abxis, Celltrion, Hanmi, Bukwang, Pharmicell

It was observed KOSDAQ listed pharmaceutical companies recorded a 3-times higher average growth rate of R&D expenses than the one in the KOSPI. When it comes to its ratio to sales, KOSDAQ listed pharmaceutical compani...

Will rebates impact selection of innovative pharmaceutical company?

Rebates have brought influences on revoking innovative pharmaceutical companies. According to a source from the industry concerned, the company A got revoked as innovative pharmaceutical company for suspension of bus...

Amplified anxiety over prosecutors’ investigation in pharma and distribution industry

After the Eastern Branch of Busan District Public Prosecutors’ Office searched and seized influential distribution companies in Seoul and Busan last March, anxiety has been raised among pharmaceutical companies and di...

Korea’s largest place for ‘technology transfers’ will open for pharma & bio industries

The ‘15th Interbiz Bio-Partnering & Investment Forum 2017(hereinafter referring to ‘Interbiz Forum’),’ the Korea’s largest place for technology transfers to generate new market values and secure innovation and product...

The Minjoo adjusting election pledge about ‘public pharmaceutical control tower’ with Candidate Moon

There is a high chance that the Minjoo Party will promise implementation of the public pharmaceutical control tower as an election pledge. While The Minjoo Party Expert Rep. Won-Joon Cho announced it will adjust the ...

Listed pharmas’ annual employee benefits per employee were KRW 6.67 million

It was observed listed pharmaceutical company employees receive employee benefits of approximately KRW 6.67 million last year. In addition, 7 pharmaceutical companies including Daehan New Pharm and Myungmoon Pharm rec...

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