News About: Pharm. Industry


In regards to the Price Profit Redemption Law, the government’s answer was “We won’t change anything”

It was told that Ministry of Health and Welfare is reviewing opinions for the law amendment to collect unjust profits of pharmaceutical companies. It also postponed giving an immediate answer for the KRPIA’s argument ...

The filler market has been increased by 10% every year; its prices also varies

As a result of researching cosmetic surgery centers in Apgujeong, it was found that similar lines of fillers have been used; though, prices surprisingly varied Before anything gets concluded here, it needs to be clar...

Domestic and Multinational Pharmaceutical Companies Open a New Collaborative Era of the Pharmaceutical Industry Development

The collaboration of Korea Pharmaceutical Manufacturers Association and Korean Research-based Pharmaceutical Industry Association (KRPIA) is getting settled.  Due to characteristics of their member companies’ product...

Committee’s Witness Summoned the ‘Top 11’… What happened to Sanofi?

On the first day of parliamentary inspection of the administration, starting with Ministry of Food and Drug Safety on the 7th, the Health and Welfare Committee will choose a non-expert witness. Multinational pharmaceu...

Why multinational pharmaceutical companies are nervous as the prescription drug market encroaches?

Multinational pharmaceutical companies are in a state of tension that is not because of GSK. Multinational pharmaceutical companies are paying attention to the ‘Save the local drug’ campaign, promoted by the wholesale...

Key products of local pharmaceutical companies are fading

The industry is critical of multinational companies that easily grow by implementing original medical supplies while the key products of local pharmaceutical companies are showing poor performance. The key products o...

What is the inside story of strategic partnership between pharmaceutical companies?

While strategic partnership in the pharmaceutical industry became a trend, there are companies that are letting off stream. An employee who is responsible of product management in a local pharmaceutical company revea...

Alginic acid antacid products shows poor performance due to the price increase of Gaviscon and the struggle of similar products

Many antacid products of sodium alginate such as Gaviscon were released, but the sales decreased in the first half of this year. Especially, the sales of Gaviscon dropped by nearly half in the second quarter compared...

A Conflict between Pharmaceutical Distribution Industry and GSK Is Getting Out of Hand

A conflict between pharmaceutical distribution industry and GSK in respect to distribution cost is getting out of hand recently. Korea Pharmaceutical Distribution Association has decided to begin a relay of one-man p...

Domestic pharmaceutical companies Vaccine ‘Boom’ … 13 companies develop 35 items

Domestic pharmaceutical companies can make their own supply only in six areas of vaccine which include hepatitis B, Chickenpox, hemorrhagic fever with renal syndrome, and flu vaccine. However, it has been revealed tha...

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