News About: Pharm. Industry
Kwangdong targets 1 trillion won in sales by 2020
Kwangdong Pharmaceutical, Korea’s leading pharmaceutical manufacturer, has set its sights on 1 trillion won in sales by 2020, its chief executive said Monday.
In his address marking the company’s 50th founding cere...
Dong-A’s Nenoma sales picking up the paceDong-A ST’s Nenoma (clomipramine) is enjoying robust sales in the domestic premature ejaculation (PE) predominated by Menarini’s Priligy (dapoxetine) since its release two month...
|
Fulcare Nail Lacquer is still in short supply
Menarini Korea’s Fulcare (ciclopirox) nail lacquer for topical treatment of onychomycosis made a big hit in the first half of 2013, but its shortage problem has yet to be addressed until now, despite the company’s hea...
Distribution margin dispute draws keen attention from drug industry
As the distribution profit margin feud flares up between wholesalers and Bayer Korea, Korean drug firms and multination firms are watching the progress with a keen interest.
If Bayer Korea gains ground in the battl...
84 drug firms caught giving kickbacks
Eighty-four drug companies, 28 wholesalers and 13 medical device manufacturers were caught providing ‘rebates’, between 2010 and August 2013, a lawmaker said Thursday, citing a report by the Ministry of Health and Wel...
Hanmi Pharm to appeal Viagra design case
Hanmi Pharmaceutical Co. said Thursday it will file an appeal with the Supreme Court against an appellate court's ruling in favor of Pfizer Korea over the violation of the design patent for Viagra.
Hanmi’s respons...
Teva-Handok to commence business activities from next month
Teva-Handok, a business venture established in December between Teva Pharmaceutical Industries Ltd. and Handok Pharmaceuticals Co., is expected to commence activities from next month, according to company officials.
...
Kolon Group eyeing drugstore expansion
The nation’s retail conglomerate Kolon Group said it will increase the number of W-Store shops to 1,000 over the next five years.
W-Store, an affiliate of Kolon Wellcare, has 140 stores, making it the second larges...
Yungjin to sell its Iksan plant
Yungjin Pharmaceutical Co. said Wednesday it had decided to sell its drink plant in Iksan, North Cholla Province, to Haitai Beverage, an affiliated company of LG Household & Health Care for 14.1 billion won.
“The s...
Innovative drug firms to call for practical support
The country’s forty-one innovative drug makers have plans to ask for the government’s more practical and realistic support for the development of new drugs from next year, according to the Korea Pharmaceutical Manufac...
