News About: Pharm. Industry
LG Life sciences, Ltd.’s starts to sell with a contract of 500 billion won the first local new drug
LG Life sciences, Ltd.’s starts to sell with a contract of 500 billion won the first local new drug for diabetes ‘Jamiglo’
A Contract of selling into 23 Countries in South and Central America. Now ‘Jamiglo’ is being ...
KPWA indefinitely postpones ‘group action’ on return of Handok’s products
Resolve of concerns on rejection of Handok products
(Doctor’s News)
On December 2, Korea Pharmaceutical Wholesalers Association declared the distribution rejection of Handok products because of lower margin and d...
Pharmaceutical companies have feeling of tension in the end of year like ‘typhoon in the silence’
‘Keep attention’ on the wholesalers’ margin issue and – Government’s policy … gives strong pressure ‘paying attention’
(Yakup Shinmoon)
Pharmaceutical companies are under the high pressure in the end of year becau...
“Handok talks outwardly, but also enforces the wholesalers.”
Handok sent official warning letter to wholesalers about ‘warning on violation of the pharmaceutical affairs law and the fair trade act’.
(Yakup Shinmoon)
Handok starts to take an action to press their account who...
Who is right about distribution margin? “Handok: over 8.8%, Wholesalers: 5%”
Handok says that “The average on total trade with hospital wholesalers and pharmacy wholesalers”, Wholesalers say the “bubble number included payment due dates to Hospital”
(Yakup Shinmoon)
The conflicts between H...
KPMA starts to interfere in KPWA boycott action of Handok’s products
The board of KPMA strictly confronts with ‘group action’ considering ‘training pharmaceutical companies’
(Yakup Shinmoon)
Korea Pharmaceutical Manufacturer Association(KPMA) starts to interfere with KPWA about Han...
Yuhan Corporation achieved the export of 100 million dollars of raw medicine firstly as a pharmaceut
Yuhan Corporation achieved the export of 100 million dollars of raw medicine firstly as a pharmaceutical company in Korea.
They were awarded as ‘export tower’. They were approved their direct supplying competitivenes...
Pfizer launches ‘Advil’ which claims painkilling efficacy within 15 minutes.
The global top painkiller has advantage for fast absorption compared to other competing products.
(Digital BOSA)
Pfizer Korea launches non steroid anti-inflammatory analgesic drug, Advil (Ibuprofen), which has bee...
Handok – the Wholesalers’ struggle for distribution margin extend over a long period of time
Handok – the group action is ‘a witch-hunt’ vs the Korean Pharmaceutical Wholesalers Association – continual struggle by achieving the requirement
(Yakup Shinmoon)
The struggle between Handok and KPWA against drug...
Counterattacks of the 2nd line drug in Rheumatoid Arthritis drugs… all efforts on market penetration
Reimbursement extended of Orencia and Acktemla as primary drug … competing with Humira.
(Yakup Shinmoon)
The 2nd line drug of rheumatoid arthritis extended insurance reimbursement coverage as the 1st drug. Therefo...
