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Pfizer Korea to appoint new president

Pfizer Korea announced on October 21 it has appointed Ahmet Goksun as a new president Previously, the new Turkish president, had been responsible for various operations sinc...

Kolon spurring chain pharmacy business

Kolon Welcare, a subsidiary of Kolon, one of the Korean conglomerate companies, gears up their chain drug-store business by opening the 3rd "W-store" at Nonhyeon, Kangnam Seoul ...

DKSH Holding Ltd. turns to Korea's distribution market

Pharmaceutical business sources said a Swiss-based DKSH (Diethelm Keller SiberHegner) Holding Ltd. is tapping the possibility to expand its presence in the domestic distribution market in the not-too-distant future, m...

Hospital group demanding 16% increase of NHI service payment.

President Yoo Tae-jeon and other top executives of the Korea Hospital Association (KHA) called at the MOHW on Oct. 18 to meet Minister Kim Keun-tae, asking for a 16% NHI payment increase to overcome their hospital man...

Female sexual partners more satisfied with Cialis than men.

It was reported that Cialis gave a far higher satisfaction to women than men. In the 11th conference of the international society of the erectile dysfunction held at Buenos Aires in Argentina, a study conducted by ...

Ketotop patch wins 2004 best brand award

Pacific Pharm said its Ketotop patch received the 2004 Best Brand Award on October 19, in a recent consumer-voting ceremony to have been jointly held by the Korean Customers' Forum and Korea Economic Daily. The 200...

GSK to sell Ansan factory

GSK announced that it will sell its Ansan factory of Kyunggi Province, including land, animal wards, facility and machinery, etc., through public tender on October 28 following an explanatory session on October 22. ...

KPMA calls for more government's R&D investment

The Korean government needs to focus on the development of local pharmaceutical industry through substantial R&D investment programs to nurture it as one of the nation's core growth engines, according to data released...

Deleterious Zuellig's agreement to cripple wholesale industries.

The deleterious Zuellig's distribution agreements raised a hot issue to the pharmaceutical wholesale community. Article 10 paragraph 1 (termination) of the agreement may cause the associated wholesalers to subordinate...

Controversy sparks over CJ's trademark Simvasta

The ongoing discord between the Korean Intellectual Property Office and Hanmi Pharm over the CJ Corporation's trademark Simvasta (simvastatin), a lipid lowering agent, has intensified in the wake of the KIPO's recent ...

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