News About: Pharm. Industry


Herpes zoster vaccine, Zostavax, sell together MSD and Green Cross

Local co-promotion contract signed expecting synergy. (Medipana) On December 5, MSD Korea and Green Cross Corporation had signed for Co-promotion of Zostavax of herpes zoster prevention vaccine at Seoul Club. T...

Conflict over low margin between Handok and KPWA is on the 'peak' in this week

Because of extended conflict, Both have felt uncomfortable that Handok ‘one’s tyranny’ and KPWA ‘taming pharmaceutical companies. (Yakup Shinmoon) Solutions for conflicts over low margin between Handok and KPWAKPW...

Pacific Pharmaceuticals Co. Ltd, sells their pharmaceutical business unit to local pharmaceutical co

Pacific Pharmaceuticals Co. Ltd, sells their pharmaceutical business unit to local pharmaceutical company Their profitability is weaken due to lump sum drug price deduction. They keep health functional food business....

Xeloda (Roche)ㆍMegesia (Darim Biotec) drop their drug price to 30% due to listing of Generics

Execute from next January 1 and drop more after closing day of drug price addition due date (Dailypharm) The insurance reimbursement prices of 5 original drugs are going to be down to 30% from the 1st day of next ...

Listed pharmaceutical companies are on increasing profitability overcoming the negative impacts of d

Listed pharmaceutical companies are on increasing profitability overcoming the negative impacts of drug price reduction Accumulated sales profit on the 3rd quarter is 8.3% which was increased 1.4% vs. 2012. The sale...

Jassen anticancer drug ‘Dacogen Inj.’ expands insurance coverage to Leukemia

(Korean Doctors Weekly) Myelodysplasticsyndrome treatment of Jassen Korea, Dacogen( ingredient : decitabine).is available to acute myelocyte leukemia which could not apply semi inducing therapy age over 65 from Dec...

Amorepacific, sells pharmaceutical business

(The Korea Economic Daily) Amorepacific group decided to withdraw their business from pharmaceutical market. Pacific Pharm which has well known brand of Ketotop (arthritis patch product) keep a health functional fo...

KPWA ceased one man demonstration … began to compromise with Handok

Directly compromise with Young-jin, Kim, Handok’s chairmant, but continue the rejection of deals with Handok by wholesalers. (Yakup Shinmoon) * KPWA (Korean Pharmaceutical Wholesalers Association) Wholesalers d...

Is the conflict on margin between Korean Pharmaceutical Wholesalers Association and Handok coming to

Is the conflict on margin between Korean Pharmaceutical Wholesalers Association and Handok coming to an end? Both of pharmaceutical companies and wholesalers feel great pressure that the conflict becomes even worse...

Bayer and Roche are being suspended import of some of their products due to selling of damaged drugs

Bayer and Roche are being suspended import of some of their products due to selling of damaged drugs Import of both Barium and Cozinate is suspended for a month because of violating Pharmaceutical Affairs law. …. the...

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