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Market Gives Positive Reaction on Hanmi's Financial Objectives

In response to Hanmi Pharmaceutical's recent announcement on its revenue and profit plans for Year 2005, Sejong Securities reported on January 5th that Hanmi's financial objectives are expected to be achieved based on...

MOHW Budget Final at 9.2143 Trillion Won

The government has recently finalized the Year 2005 financial budget allocated to the Ministry of Health and Welfare (MOHW) at 9.2143 trillion won, showing a moderate increase of 19.7 billion won from the preliminary ...

Multinational Companies with Revenue Growth Plans for New Year

It is expected that many of multinational pharmaceutical companies operating in Korea will drive higher revenues for the new year, where the majority of them came short of their last year's revenue objectives due to r...

Wave of Domestic New Drug Releases Expected

According to the Korea Drug Research Association (KDRA)'s latest report on the domestic pharmaceutical companies of their new ethical product research and development activities, the number of new drug releases is exp...

Cellbiotech to Launch Clinical Study of AD Treatment

Cellbiotech Co., a domestic biotechnology venture company, announced on January 4th that it has launched a clinical study of its novel atopic dermatitis (AD) treatment using lactobacillus, which is commonly used for t...

Extra-Strength Cozaar Plus Now Available

MSD Korea's Cozaar Plus-F Tab, with its active ingredients of 100mg losartan (angiotensin II receptor antagonist) and 25mg hydrochlorothiazide (diuretic), is now available in the domestic anti-hypertension treatment m...

Geo-young Corp. Generated 585 Billion Won of Revenue in Year 2004

It is reported that Geo-young Corporation, a domestic holding company specialized for pharmaceutical goods distribution, generated 585 billion won of total revenue in Year 2004. In its announcement on January 4th, ...

Yuhan Joins Efforts in Providing Relief Aids

Yuhan Corporation joins the list of pharmaceutical companies, both domestic and multinational, to lend its humanitarian aid to the disaster-stricken areas in the Southeast Asia. In its January 3rd announcement, the...

Government to Impose Strict Measures on Genetic Examination Practices

The new regulatory guidelines on the bioethics law, now finalized and effective as of January 1st, will impose strict control measures on the private companies that are conducting genetic examinations. From the abo...

Sinil, Hanseo and Rexgene Biotech Undertake R&D Efforts on Novel Treatments

Under the government initiatives to drive the development of novel pharmaceutical and biotechnology based treatments, three domestic companies Sinil Pharm, Hanseo Pharm, and Rexgene Biotech have recently made the pr...

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