News About: Pharm. Industry
Plural CEO system favored in 21 drug firms
Twenty one of 56 pharmaceutical companies have adopted the system of more than two chief executive officers (CEO) to ensure more efficient company management, according to Yakup.com, a pharmaceutical information websi...
Boryung Pharma wins patent lawsuit
The landscape of the nation’s pharmaceutical market is expected to change as Boryung Pharmaceutical has won a patent suit against Novartis, the world’s biggest player in the sector.
Boryung was successful in its le...
BMS Korea, AstraZeneca Korea expand diabetes alliance
BMS Korea and AstraZeneca Korea received the Korean marketing rights of Byetta (exenatide) injection and Bydureon (exenatide extended-release for injectable suspension) from Lilly Korea as of April 1, following the su...
Leading drug makers’ outpatient sales drop in 2012
Korea's ten leading companies witnessed their outpatient sales tumble last year from a year earlier, data showed Monday.
Outpatient sales by ten companies stood at 2.69 trillion won last year, down 10.8 percent fro...
Kowa Group eyes expansion of OTC business in Korea
Japan’s Kowa Group is looking to expand into the country’s over-the-counter (OTC) markets by establishing its Korea unit “Kowa Korea Company” in December 2011.
“We are planning to penetrate the OTC markets with our...
Will drug makers tackle ongoing tension with doctors?
Eyes are drawn to whether the ongoing tension between pharmaceutical firms and hospitals will affect the former’s revenue that is directly linked with doctors’ prescription.
Drug makers and doctors are still at odd...
Drug makers, wholesalers team up for earlier settlement of drug payment
Pharmaceutical companies and wholesalers agreed to launch a task force in a move to shorten the delayed drug payment by hospitals.
The task force launching plan came after Rep. Oh Je-se recently proposed a bill aim...
Lee Byung-gun to head KoreaBio
The Korea Biotechnology Industry Organization (KBIO) said Thursday that the organization has nominated Lee Byung-gun, ex-president of Green Cross Corporation as its new president, after its regular meeting.
KBO al...
KPMA proposes to set up consultative body
The Korea Pharmaceutical Manufacturers Association on Wednesday proposed establishing a trilateral group, consisting of government, medical and drug company representatives, which will work to come up with ways to roo...
Top 10 drug firms rely on sales of other companies’ products
Korea’s top ten companies by revenue are collaborating with foreign companies to sell products for their main source of income, according to Yakup.com, a pharmaceutical information provider.
Data showed that the co...
