News About: Pharm. Industry


Nature Cell to distribute RNL Bio’s adult stem cell therapy

RNL Bio, a Korean biotechnology venture and Nature Cell said Monday that it has signed a distribution agreement for the exclusive sale of RNL Bio’s new adult stem cell treatment for Buerger’s disease. Buerger's di...

Concern grows over safety of OTC drugs

Janssen Korea is pulling two children’s Tylenol syrups manufactured after May 2011 due to excessive contents of acetaminophen, raising concern over the safety of over-the-counter drugs. The Ministry of Food and Dru...

SK Chemicals wins innovation award

SK Chemicals has won SK SUPEX Council’s Innovation Award for its contribution in upgrading the company’s drug technology, officials said Tuesday. SUPEX Council, a top decision-making body in SK Group, is divided in...

Cinfa Korea launches orthopedic products

Cinfa Korea, a Korean unit of Spain based Cinfa Laboratories, announced Monday that it had rolled out Cinfa’s leading medical device Farmalastic for hospital market here. Far...

Daehan New Pharm strikes oil in Kazakhstan

Daehan New Pharm said Tuesday that its joint oil exploration project with Roxi Petroleum, the Central Asian oil and gas company, has successfully discovered an oil reservoir in the south field in Kazakhstan. Roxi h...

Albis takes on competitors’ brands

Daewoong Pharmaceutical is enjoying brisk sales of its new anti-ulcer drug, Albis. Sales of Daewoong’s H2 receptor antagonist reached over 42 billion won last year, making it one of the top-selling drugs in the co...

Multinational drug firms parsimonious on donations

Foreign pharmaceutical companies have come under strong criticism here due to their stingy donations over the past several years. According to a pharmaceutical information provider Yakup.com, 29 foreign invested fi...

Rumors spread over sale of small drug firms

A flurry of rumors - several small drug companies with the sales of billion won proposed to put up for sale due to their falling revenue - is circulating in the domestic pharmaceutical industry, fueling more curiosity...

Yungjin to distribute B. Brown Medical’s enteral nutrition products

Yungjin Pharmaceutical said last Thursday that it has signed a distribution agreement with B. Brown Korea for the sale of B. Brown Medical’s enteral nutrition products here. The agreement will further strengthen Yu...

Kowa’s topical analgesic product to expand Korean market

Kowa Korea, a local unit of Japan’s Kowa Pharmaceutical Co., has recently released its OTC product Vantelin Kowa (indomethacin), one of the top topical analgesic products in Japan. With its flagship product, which ...

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