All Type of News
KPMA to Undertake Fair Trade Practice Monitoring
The Korea Pharmaceutical Manufacturers Association (KPMA) said it plans to undertake the on-site monitoring effort to ensure the fair trade practices by the pharmaceutical firms at the major academic conferences and s...
Regional KFDA Agency Conducts KGSP Reviews
The Gwangju Regional KFDA (Korea Food and Drug Administration) agency said it is currently undertaking post supervisory reviews on the current practice levels by the pharmaceutical wholesale distributors with KGSP (Ko...
SK Chemicals Life Science's Ginexin-F Enters European Market
Under the global brand project initiative, SK Chemicals Life Science said it has entered into a licensing and export agreement with DEVA Holdings Ltd. of Turkey for the sales of Ginexin-F (ginkgo biloba extract) in th...
MSD Korea Reports Financial Performance Results
MSD Korea reported the financial performance results from last year, in which the company recorded the total sales of 173.9 billion won, up 1% from the prior fiscal period.
The company's operating profit was 29.3 b...
CJ Corp Announces Direct Management of Pharmaceutical Business Unit
CJ Corporation announced on April 11th that its pharmaceuticals business unit, CJ Pharmaceutical Division, is now under the direct management by President Kim Ju-hyung of CJ Corp., reflective of the company's strategi...
Zuellig and Retail Pharmacies Make Cooperative Agreement on Pharmaceutical Inventory Returns
In the fourth round of negotiations on amending the contractual returns for the pharmaceutical wholesale distribution by Zuellig Pharma Korea (ZPK) and its associate distributors, the representatives from the Seoul Ph...
Government to Provide Funding Support for Novel Biopharmaceuticals
The Ministry of Commerce, Industry and Energy (MOCIE) has recently launched an initiative under the name of BioStar Project, a government sponsored funding in support of the identification, research and development of...
AstraZeneca Korea Disputes Results from Latest Asthma Study
AstraZeneca Korea said the results from the CONCEPT (CONtrol CEntered Patient Treatment) study, which claimed the stable-dose Seretide (salmeterol/fluticasone propionate combination) is more effective over the adjusta...
Sanofi-Synthelabo Korea Reports Financial Performance Results
Sanofi-Synthelabo Korea (currently Sanofi-Aventis after the merge between Sanofi-Synthelabo and Aventis) reported the financial performance results from last year, in which the company recorded the sales of 162.0 bill...
Local Wholesale Distributors Continue Experience Significant Profit Erosion
The financial performance results as reported by the major pharmaceutical wholesale distributors in the nation suggest that they collectively experience erosion in the bottom-line profitability, in spite of a moderate...
