News About: Pharm. Industry
Two thirds of Korean drugmakers struggle to cut promotion expenses in first quarter
Influenced by the government-mandated cuts in drug prices last year, Korean drug manufacturers are finding ways to stem predicted losses by slashing their promotion expenditures, according to data obtained by Yakup.co...
Korean drugmakers rebound domestically
Korean drugmakers are bouncing back fast in the domestic market on the back of recovering profit margin thanks to their active marketing activities and less spending on promotion, figures showed Monday.
According t...
Generic Glivec market heating up
Various generic forms of Glivec will flood the domestic market as Swiss pharmaceutical company Novartis’s patent rights to use a chemical substance essential to treat chronic myeloid leukemia expired on June 3.
Acc...
Coesia opens Korean branch
Coesia, a group of industrial solutions companies operating globally, headquartered in Bologna, Italy, said last Friday that it has opened a branch at Kangnam in Seoul as part of efforts to expand its overseas busines...
Korean drug makers rebound in first quarter
The nation’s 42 listed pharmaceutical firms may have bottomed out in earnings in the first quarter as their operating profits have shown signs of improvement on the back of decreased promotion expenses, figures showed...
BioCND teams up with Genor Biopharma
BioCND, a local biopharmaceutical pharmaceutical, said Thursday it has signed an agreement with Chinese biopharmaceutical company Genor Biopharma to cooperate in the biosimilar sector.
Under the deal with the Shang...
Mongolia urges Korean drug companies to invest
The chairwoman of the Mongolia Pharmaceutical Manufacturers Association, urged more Korean pharmaceutical companies to consider Mongolia as an investment destination, while expressing her sincere desire to have a clos...
Equivocal regulations of illegal kickbacks
There are loud voices calling for the government to revise regulations related to the system that it called ”ambiguous“ in distinguishing between legal and illegal acts.
In the recent court hearing for 12 indicted ...
KPMA, KIPO to cooperate
Cooperation between the Korea Pharmaceutical Manufacturers Association (KPMA) and the Korean Intellectual Property Office (KIPO) is picking up, with efforts being made to step up exchanges in the areas of intellectual...
Ildong’s chief executive nominated to head advertisers’ associationLee Jung-chi, chief executive of Ildong Pharmaceutical Co., was elected the 11th chairman of the Korea Advertisers Association on May 29, the association said.
“Advertising ...
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