News About: Pharm. Industry
Nichi-Iko acquires majority of shares in Binex
Japan’s leading generic drugmaker Nichi-Iko Pharmaceutical Co. has acquired a majority share (12.6 percent stake) in Binex Co. through a combination of new shares issued by Binex to Nichi-Iko and the acquisition of sh...
Wholesalers, Bayer Korea at odds
The Korea Pharmaceutical Wholesaler Association (KPWA) and Bayer Korea failed to reach an agreement over wholesalers’ profit margin.
In a meeting with the KPWA executives on Thursday, Bayer Korea expressed its stro...
Controversy on efficacy of Ursa is meaningless: Daewoong
The Press Arbitration Commission (PAC) has recently called for a local media to delete its articles on the efficacy of Ursa, the best-selling hepatic function medicine, in a bid to end disputes caused by the media’s r...
Sales of 67 drug firms grows 5.7 percent in first half: report
The combined revenue of 53 pharmaceutical companies listed in listed in Korean Stock Exchange came to 5.38 trillion won in the first half of this year, up 5.7 percent from a year earlier, a government report showed Tu...
CKD to split into holding, operating companies
Chong Kun Dang Pharmaceutical Co. said Tuesday that it will split into holding and operating entities to simplify its corporate structure and boost investor interest.
The company will be separated into two firms -...
Court ruling paves way for detailed guideline of marketing system
A Seoul court yesterday rendered a guilty verdict for 18 doctors and 31 employees of Dong-A Pharmaceutical Co., who found caught offering and taking illegal rebates in the pretext of producing instruction videos.
M...
Sabbah named to head Kael-GemVax’s global marketing businessKorean biotech Kael-GemVax said Monday it has appointed as its chief general manger in global business, Charles Sabbah, a world-renowned marketing expert.
Sabbah will take c...
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Hospira Korea’s female CEO promoted to general manager
Hospira Korea CEO and president Park Young-ae was promoted to general manager tasking charge of Korea and Taiwan business, company official said Monday.
The new general manager has been appraised for her contributi...
Court ruling on Dong-A’s illegal kickbacks draws industry’s keen attention
Now all eyes are on the ruling of the Seoul Central District Court today as the court is expected to hand down its sentence on two doctors accused of receiving kickbacks from Dong-A Pharmaceutical in March.
In the ...
Generic Exforge market getting heatedStarting in October, CJ Pharmaceutical Unit will gear up to enter the domestic combination-form hypertensive drug market with a tool of its incrementally modified drug Exone (va...
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