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KOSPI records a merchandise sales/sales ratio twice larger than one of KOSDAQ
It was observed the KOSPI listed pharmaceutical companies’ merchandise sales growth rate was much higher than the one of the KOSDAQ. In terms of the merchandise sales ratio to sales, KOSDAQ listed drug companies had a...
MOHW, “Administrative measure on Novartis’ rebate will be based on suspension of health insurance benefits”
The Ministry of Health and Welfare(MOHW) stressed the administrative measure on the Novartis’ rebate case would be based on suspension of health insurance benefits.
The MOHW said on the 6th that it was reviewing the ...
Medical services exported to 20 countries, China, U.S. and Vietnam for the most
The Ministry of Health and Welfare(Minister Jin-Yup Jung) and the Korea Health Industry Development Institute(President Young-Chan Lee) released the analysis result of the ‘2016 Overseas Expansion Status’ on the 6th a...
Korea advanced in global clinical trials, showing 3.41% market share last year
The number of clinical trials is decreasing, but the Korean clinical trial’s market share in the global market was actually increased by approx. 10% to 3.42%. There were changes in ranking as well because of the China...
MOHW, “We’ll consider to relax the criteria for food & beverage in Financial Gain & Expenditure Report”
The Ministry of Health and Welfare(MOHW) was confirmed to positively consider to relax standards for filling up the food & beverage section of the product demonstration in the ‘Financial Gain & Expenditure Report.’
A...
Listed pharmas pay KRW 53 million per employee annually
The listed pharmaceutical companies’ average annual salary was KRW 53 million, and Dong-A Socio Holdings recorded the highest KRW 83 million.
In addition, the average annual salary for men was KRW 58.56 million, but ...
Growth rate of export was 20% in KOSDAQ, but negative in KOSPI
While pharmaceutical companies in the KOSDAQ showed a large growth in overseas sales & export on average compared to the year before, KOSPI listed pharmaceutical companies recorded a negative value in the growth ratio...
Highest ratio of Chung-ang University graduates in KPA, concentrated in metropolitan
Which school takes the benefit of ‘Alumni,’ which gives a huge advantage at the Korean Pharmaceutical Association’s(KPA) election?
A university which has the highest number of alumni in the KPA was ‘Chung-ang Univers...
Pharma industry, “There is a limit in ETC, and we are gaining growth engine back with OTC”
28% of pharmaceutical products approved in the 1st quarter was observed to be OTC drugs, which brings an analysis that pharmaceutical companies are active in developing OTC drugs.
According to the Ministry of Food an...
Obligation of introduction of braille transcription and voice conversion for drugs and health functional foods
In order to pursue safe dosage and consumption of pharmaceutical products and health functional foods for the blind, the government will carry out obligation to adopt braille transcription and voice conversion code.
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