News About: Pharm. Industry


Hanmi Pharm, DKSH sign deal to sell three incrementally modified drugs

Hanmi Pharmaceuticals Co. said Wednesday it established a strategic partnership with DKSH, the leading Market Expansion Services Group with a focus on Asia. Under the exclusive distribution agreement, DKSH will mar...

Suheung Capsule acquires SH Pharm

Suheung Capsule, which specializes in the production of empty hard capsules for use in pharmaceutical and nutraceutical applications in Korea, said Wednesday that it will acquire SH Pharm, a local pharmaceutical firm,...

Industry criticizes government’s cancellation plan of selected innovative drug firms

The complaint over the government’s impetuous plan to remove the “innovative drug firm” status has flared among the domestic drug industry. The Ministry of Health and Welfare in June last year had selected some 40 ...

Doctors’ abuse of power batters pharmaceutical firms, wholesalers and pharmacies

The abuse of power by doctors in drug prescription has adversely affected the overall business environments of drug makers, wholesalers and pharmacies. Doctors have been extraordinarily powerful and influential in ...

Lipitor 30 tablets may be returned: Pfizer Korea

Pfizer Korea said Monday that it will accept all returned goods of Lipitor 30 tablets until the end of this month as its package unit as well as dosage form was changed to 28 tablets as a result of modified production...

Grund named to head Merck Korea

Merck Korea, the local affiliate of the German chemical and pharmaceutical giant, said Monday it has appointed as its chief executive officer, Michael Grund. Grund, who has ...

Huon’s fatty liver treatment in local phase-2 trials

Huons Co. said Monday it will begin phase-2 clinical trials of HL-09, a treatment for fatty liver, here in Korea. The phase-2 trials are designed to evaluate the safety and efficacy of HL-09 (Magnolia Obovata Bark ...

MDFS officials to meet pharmaceutical CEOs

The Ministry of Food and Drug Safety (MFDS) plans to hold a meeting with the heads of pharmaceutical firms on Thursday in an effort to strengthen a two-way communication with the domestic pharmaceutical industry. T...

KDRA to move forward study on new biopharmaceuticals

The Korea Drug Research Association (KDRA) will conduct a study on the feasibility of new biotech projects in seven sectors – low molecular weight drugs, natural products, biological drugs, antibodies, regenerative dr...

Feud surfaces between drugmakers, wholesalers over survival

Tensions are high between pharmaceutical firms and wholesalers as drug companies have begun looking to make fundamental changes to their business strategies amid gloomy outer circumstances igniting the biggest crisis ...

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