News About: Pharm. Industry


Green Cross will build a manufacturing factory for cell therapy products, showing active movements in China

Targeting the rapidly growing Chinese market, Green Cross is going to build a manufacturing facility for cell therapy products. Green Cross Holdings (CEO Byung-gun Lee) announc...

Multinational pharmaceutical companies return payments for drugs in 95 days, which are faster than what listed companies experience

It is known that multinational pharmaceutical companies branched in the Korean market take approximately 3 months to return payments of selling pharmaceutical products. The time is faster than what domestic listed co...

The patent trial of Viagra is concluded to be the win of domestic pharmaceutical companies and the defeat of Pfizer

The win of domestic pharmaceutical companies is finalized in the patent trial over the impotency drug, ‘Viagra.’ The original manufacturing company, Pfizer, lost the patent tri...

Employees of multinational pharmaceutical companies make KRW 690 million annual sales per an employee in average

Among Korean branches of multinational pharmaceutical companies, the company with the highest sales per an employee was Roche Korea with over KRW 1.2 billion. The number is KRW 500 million higher than the one of the ...

Domestic pharmaceutical companies arguing “We are highly interested in expansion to the Chinese market, corresponding to the Korea-China FTA”

In order to prepare for the Korea-China FTA overcoming the congested domestic market, domestic pharmaceutical companies have shown interests in expansion to the Chinese pharmaceutical industry. The Korea Pharmaceutic...

‘Preliminary review for pharmaceutical products only exists in Korea’

‘Korea is the only country to have preliminary reviews for pharmaceutical advertisements.’ Preliminary reviews for pharmaceutical advertisements have caused controversy. As the number of products that has received in...

The Bayer’s labor and management conflict is tentatively settled after the ‘final agreement’ between the company and the union chairperson

Triggered by the labor union chairperson’s self-injury incident, the labor and management conflict of Bayer has been tentatively settled. According to the industry concerned on the 28th, Gi-hyung Kim, Chairperson of ...

The Halal wind in the pharmaceutical industry

‘Do you know what halal is?’ As interests in ‘halal’ have been suddenly raised by the President’s recent visit to the Middle East, the domestic pharmaceutical industry has begun pay attention to the halal market as w...

Pharmaceutical personnel related to Novartis are actively transferring

People in charge of the Novartis’s drug price are actively transferring their jobs. It is shown that new personnel recruitment and change of position have been frequently made d...

GSK, Green Cross and SK are ambitious to lead in the tetravalent influenza market

GSK announced on the 22nd that it would launch the domestically first tetravalent influenza vaccine ‘Fluarix Tetra.’ Green Cross and SK Chemicals are also expected to launch tet...

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