News About: Pharm. Industry
Drugmakers pin hopes on new private research body
The new private consultative body, which has been sought by the Korea Drug Research Association (KDRA) in May, has drawn keen interest from the industry as the body will play a pivotal role to spur the long-term growt...
Daewoong on solid growth track
Daewoong Pharmaceutical, one of the country’s leading pharmaceutical companies, said Thursday it has returned to making profit in the first half of this year from a year earlier, buoyed by brisk sales of flagship prod...
Bukwang reinvigorating corporate culture through Google Apps
Google Apps are helping create an office environment in which people can work anytime and anywhere, said an official at Bukwang Pharmaceutical Co.
Participating at the Google Apps Conference 2013 in Seoul last Frid...
Korea’s pharmaceutical exports up 28.6% in June
Korea’s exports of pharmaceutical goods rose nearly 29 percent in June, with its record-high export shipment index of 142.4 over the previous year, while its pharmaceutical inbound shipment index dipped to 0.6 percent...
Leading drugmakers fared well in in first half
The country’s six large drug firms, such as Yuhan Corp., Green Cross Corp., Hanmi Pharmaceutical, Daewoong Pharmaceutical, Chong Kun Dang Pharmaceutical and Dong-A ST, posted sound earnings for the first half of this ...
Pfizer’s Zithromax syrups to be recalled
The Ministry of Food and Drug Safety (MFDS) on July 31 said that it had ordered Pfizer Korea, a subsidiary of the U.S. Pfizer Inc., to recall and discard some bottles of Zithromax (azithromycin) syrup 900mg, citing th...
Daewoong acquires Chinese drug firm
Daewoong Pharmaceutical Co., one of Korea's leading pharmaceutical companies, said last Thursday that it has signed a deal to take over Liaoning Baifeng, a Chinese drug firm, for 18 billion won.
With the acquisitio...
Pharmaceutical firms grappling with drug sales boost
Pharmaceutical companies began to refrain from using rebates as a marketing tool amid the government’s threat to punish firms involved in unlawful drug marketing activities. But this is not the end of the story.
D...
Pharmaceutical firms set out new marketing campaigns for university students
The prolonged economic downturn has prodded local companies to seek new marketing campaigns using new media such as social network services (SNS) as part of efforts to save on marketing expenses, industry sources said...
Testing of Korean natural drug approved by MFDS
Kwang Dong Pharmaceutical Co. said Monday it has received from the Ministry of Food and Drug Safety to conduct Phase 1 clinical trial of a natural drug for the treatment of obesity.
The company said the approval co...
