News About: Pharm. Industry
Contrary to the prospect that the prescription market might contract due to two-strike out system of rebate, it was reported that the real performance was satisfactory
Regarding the report on the pharmaceutical industry trend released by Hana Daetoo Securities on September 30, Lee Al-Eum, researcher of Hana Daetoo Securities, said, “The most notable issue in the pharmaceutical indus...
Accumulated sales for the third quarter of Yuhan Corporation KRW 732 billion, Green Cross KRW 718 billion
The accumulated sales for the third quarter of major pharmaceutical companies expect to reach an amount which will grow by 7 to 8% that is the same as the first half.
According to the analysis which was gathered data...
Atorvastatin was the best selling medicine last year
The best selling medicine last year turned out to be Atorvastatin, statin for hyperlipidemia treating.
According to the report of the top 30 ingredients of health insurance claims in 2013, Atorvastatin recorded sales...
The wholesalers are outraged by the insincere attitude of GSK in the negotiationThe wholesalers of medical supplies are outraged by the insincere attitude of Glaxo Smith Kline (GSK) Korea in the negotiation.
On September 29, the Pharmaceutical Development ...
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Local pharmaceutical companies rushes into partnership with multinational companies
Co-promotion between local pharmaceutical companies and multinational pharmaceutical companies continues to be generated. There were 5 cases of 4 local pharmaceutical companies that entered into a partnership with a m...
Productivity of the pharmaceutical industry reduced by 31% prior to the reduction of medicine price policy
According to the Financial Supervisory Service (FSS), productivity per employee in first half of 2014 for the top 30 listed pharmaceutical companies was estimated to decrease by 31.6% compared to the same period in 20...
Multinational pharmaceutical companies are dominating the OTC market followed by the prescription drug market
The landscape of OTC market is changing. Multinational pharmaceutical companies, characterized by prescription drugs, are achieving satisfactory results by actively promoting OTC products.
Menarini Korea’s ‘Fulcare,’...
The MW announces to pay attention to the conflict between the wholesalers and GSK over distribution cost
The Ministry of Health and Welfare (MW) announced that it could intervene in the conflict between the wholesale industry and Glaxo Smith Kline (GSK) over distribution cost if it creates problem in medicine supply.
Th...
Yoon Jae-Seung, vice president of Daewoong Pharm, becomes the leading person of Daewoong GroupYoon Jae-Seung, vice president of Daewoong Pharm, became the leading person of the group followed by becoming the largest shareholder on July when he was appointed as the presid...
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GSK might undertake all responsibility for causing distribution crisis and it should stop blaming headquarters
There are criticisms raised by the industry that GSK could bear all the responsibility, if it neglects to reconcile the conflict with the wholesale industry over distribution cost.
On September 25, the wholesale indu...
