News About: Pharm. Industry
New OTC treatment for venous insufficiency
Your arteries carry blood from your heart out to the rest of your body. Your veins carry blood back to the heart, and valves in the veins stop the blood from flowing back. When your veins have trouble sending blood fr...
FTC’s fines push Celltrion shares down
Korea’s leading biopharmaceutical company Celltrion Inc., an affiliated company of Celltrion Holdings, took a direct hit from growing concern after the antitrust regulator levied Celltrion Holdings fines of 270 millio...
Teva, Handok to launch joint venture in SeptemberA new joint venture between Israel-based Teva Pharmaceutical Industries and Handok Pharmaceutical is expected to commence activities in September, subject to receipt of applicab...
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Heavy reliance on domestic market makes Korean drugmakers vulnerable
Korean drug firms’ efforts to expand overseas shipments have failed, letting their dependence on domestic sales surge over the past years.
Recent data from Yakup.com, a pharmaceutical information provider, show tha...
Clinical trials of Korean natural medicine approved by U.S. FDA
Yungjin Pharmaceutical said Monday it has received approval from the U.S. Food and Drug Administration on Apr. 5 to conduct advance clinical studies of a natural medicine for the treatment of chronic obstructive pulmo...
Local drug makers urged to give better treatment to OTC salespeople
Salespeople in charge of over-the-counter (OTC) products have complained about “unfair treatment” from local drugs makers, since the implementation of a system to separate drug dispensing from medical practice in 2000...
Government to back Ilyang’s new influenza antiviral drug development
The Transgovernmental Enterprise for Pandemic Influenza in Korea (TEPIK), which was established by the Ministry of Health and Welfare in November 2010, has recently unveiled its plan to sponsor and support Ilyang Phar...
SK Chemicals to work with SK Biopharm
SK Chemicals announced Sunday that it signed a strategic alliance deal with SK Biopharmaceuticals Co. to spur a joint development of YKP10811, a treatment for chronic constipation under the SK Group’s new management 3...
Drug makers skeptical about creation of state-run pharmaceutical firm
A state-owned pharmaceutical company is not the answer to providing cheaper medicines in the country, industry officials said.
Their reactions followed after the National Health Insurance Corporation is seriously c...
Daewoong ranks top in annual salary
Daewoong Pharmaceutical Co. ranks top in annual employee paychecks among the nation’s 55 listed drug firms that close their books at the end of December, the latest data shows.
According to a pharmaceutical informa...
