News About: Pharm. Industry


LG Chem signs co-research agreement to discover new substance candidates with Chinese ‘HitGen’

In order to accelerate the speed of discovering new drug candidates, LG Chem will actively cooperate with Chinese biotechnology companies. On the 17th, LG Chem signed a co-research agreement with Chinese HitGen which...

Listed pharmas earned KRW 68 for selling products worth of KRW 1,000 in the first half

Listed pharmaceutical companies’ profitability is getting weaker and weaker with a decrease in operating profits. Yakup Shinmoon(www.yakup.com) analyzed KOSPI and KOSDAQ listed pharmaceutical companies’ 2018 1st half...

When they will decide on ‘vacant’ position for ‘KPBMA’?

The industry is paying attention to when the next chairman of the Korea Pharmaceutical and Bio-Pharma Manufacturers Association(KPBMA) will be appointed. This is because it already has been the scheduled 6 months sinc...

Yuhan Corporation made 10 products with more than KRW 10 billion sales

The top sales pharmaceutical company Yuhan Corporation put 10 products in the product list with KRW 10 billion sales in the 1st half of the year. 2 of them made more than KRW 50 billion sales. According to the busine...

‘Open Innovation’ already popular among global pharmas

While the Korean pharmaceutical industry is fully understand necessity of ‘open innovation,’ items related to open innovation have been introduced to global pharmaceutical companies. It was explained global pharmaceu...

Too many shortages and manufacturing suspensions to cause concerns

It has been unstable with supply of pharmaceutical products due to temporary out-of-stock and manufacturing suspension with their pharmaceutical products. According to the industry concerned, Celltrion’s ‘Celltrion A...

Listed pahrmas weakened in profitability

It was criticized listed pharmaceutical companies have been weakened in profitability. Yakup Shinmoon(www.yakup.com) analyzed KOSPI and KOSDAQ listed pharmaceutical companies’ 2018 2nd quarter business performance, a...

28 Korean pharmas to recruit employees in the 2nd half of the year

It was reported that 28 companies(as of 13 August) have applied for a booth at the ‘2018 Korea Pharmaceutical and Biotechnology Industry Job Fair’ held at the Grand Hall of the KBIZ Korea Federation of SMEs in Yeouido...

Will ‘Valsartan’ incident eradicate Chinese APIs in Korea?

People have started to concern about Chinese active pharmaceutical ingredients(APIs) more and more due to the incident of Valsartan ingredients with potential carcinogenic substances. The pharmaceutical industry has ...

Bayer resumes supplying Aspirin Tab 500mg in Korea

Bayer Korea(CEO Ingrid Drechsel) announced to gradually resume supplying Bayer’s pain, fever or inflammation treatment Aspirin Tab 500mg in Korea starting today(10th). Bayer Korea discovered some of the Bayer Aspirin...

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