All Type of News


Chunil's dishonor struck a blow to pharmaceutical industry.

As of March 31 Chunil dishonored payment in the amount of about 30 billion Won, the exact number and detailed reasons for which have not been clarified yet. Other source said the amount would be 30 billion ...

Financing cost down vital for pharmaceutical industry.

According to a recent survey reported by Dongyang Security Research Center, a high import reliance of pharmaceutical raw materials caused increased financial cost (8.54) due to the Won/dollar exchange losses, ...

Consolidated to inspection control and support officer.

The channel for all administrative service including the approval of food, drug and medical instrument and the safety and efficacy evaluation data has been consolidated to a single door, Inspection control and supp...

Pharmaceutical wholesalers dishonor splash.

Amid a chronic business recession in pharmaceutical markets 5 drug wholesalers dishonored their payment due on March 31 in the total amount of 40 billion won, which will accelerate to get worse in in...

Unfair Distribution of drugs-for-hospital in retail pharmacy.

Drugs for hospital use were released into the retail pharmacy market,disturbing the drug pricing stability in the market. It was known thatmost of drugs for hospital use were sold at super cut-rate pharmaciesb...

Sufficient insecticide product supply

The distribution industry assumed earlier that due to Samsung's business setback caused by the financial dishonor last year "D" company might increase the prices of their insecticides, and therefore on...

Insecticide market domain changeable

The local insecticide markets having dominated by Dong Wha and Samsung Pharm. since long time had to be changed by an aggressive market entry of foreign multinational corporations, Bayer, Johnson and Fumakil...

Zuellig's business launch soon.

The business entry movement of a Swiss pharmaceutical distribution company, Zuellig seems to be surfaced pretty soon. Many interested communities including Korea Pharm. Wholesaler's association tried to d...

Majority equity ratio of pfizer pharm Korea

On Mar. 20 the company name of Pfizer Korea was changed to Korea Pfizer Pharmaceutical Co. Ltd. after making an agreement of acquiring shares owned by Shinwon JMC (Shinwon Jeil Moolsan Co.) between two parties...

Management profile of pharmaceutical firms:financial structures

Ever growing trend of pharmaceutical business has turned down into anera of low growth since the 2nd half of 1997 despite a temporary falsegrowth of 8.5% at the year end when the IMF crisis bursted out. According ...

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