News About: Pharm. Industry
8 companies including JW Joongwae have entered acquisition competition of DreamPharma
JW Joongwae and companies with private equity fund investment have entered acquisition competition of DreamPharma which is a subsidiary of Hanwha Group.
According to the investment banking industry, 8 companies inclu...
29 multinational pharmaceutical companies spent average 4.7% of the sales as advertising expenses
According to the analysis result of audit report of 29 multinational pharmaceutical companies in Korea settled in Dec, it turned out that they spent average 4.7% of the sales as advertising expenses. The advertising e...
Koreaeundan explained the ongoing backlash of Korean Pharmaceutical Association against the PL product of E-mart 'E-mart vitamin C'
Recently, Koreaeundan explained the ongoing backlash of Korean Pharmaceutical Association against the PL product of E-mart 'E-mart vitamin C'.
Koreaeundan insisted that they didn't mark origin of 'E-mart vitamin C' w...
It seems that salesperson of pharmaceutical companies prefer ‘hospital sales’.
It is often found that salesperson of pharmaceutical companies don't prefer OTC sales. It seems that in the future, these phenomena can be found in the wholesale industry.
There seem some differences in trend of appl...
It is common opinion that companies should focus on developing competitive items, not just simple generic items
It is analyzed that 'Golden Age of generic drug' is fading, because there are no striking original drugs such as Lipitor whose patent is expired. It is expected that there will be no more 'Generic blockbuster'. It is ...
Korea Research-based Pharma Industry Association pointed out that the new system is not enough to relieve pressure of large hospitals which require low price bidding
While Ministry of Health and Welfare decided to introduce new system 'Incentive system for reducing drug prescribing and dispensing cost’, some claim was raised that there are still problems with the system.
Recently...
Multinational pharmaceutical companies’ ratio of entertainment expenses to sales was 0.77%
According to the analysis result of audit report of 29 multinational pharmaceutical companies in Korea settled in Dec, it turned out that their ratio of entertainment expenses to sales was 0.77%. This is slightly redu...
Multinational pharmaceutical companies’ total number of employee was 6,871 people
According to the analysis result of audit report of 28 multinational pharmaceutical companies in Korea settled in Dec, it turned out that their total number of employees were 6,871 people. In 2011, total number of emp...
Novartis and GSK have recently agreed that GSK takes over vaccine division of Novartis, and Novartis takes over Oncology Business Unit of GSK
Novartis and GSK have recently agreed that GSK takes over vaccine division of Novartis, and Novartis takes over Oncology Business Unit of GSK. In addition, the two companies decided to proceed with sales of OTC items ...
The ratio of operating profit to net sales of domestic pharmaceutical companies is less than that of multinational pharmaceutical companies
Recently, according to the report of Korea Health Industry Development Institute which compares business performance of domestic and multinational pharmaceutical companies, the ratio of operating profit to net sales o...
