News About: Pharm. Industry


Allergan Korea pressed to cancel wholesaler margin-lowering plan

Allergan Korea is drawing protest from local drug wholesalers for its notice to lower the wholesaler margin profits, threating to boycott all of the company’s products. But the company decided to reduce the margin ...

Korea urged to cut the number of drug makers by one tenth

Although the country’s pharmaceutical sector has been overshadowed by such export powerhouses as the giant electronics or auto industries, Korea actually has a fairly large pharmaceutical market. Korea ranks among...

Crestor still challenges Lipitor

The growing patient population and the increasing demand for cholesterol reducing "statins," has successfully sustained the appeal of this maturing market over the past several years. The marketing excellence, and the...

Trast, Ginexin are top 5 brands

SK Chemicals’ Trast patch and Ginexin tablets (circulatory enhancer) were selected as one of Korea’s most valuable top five brands, according to a local brand appraisal agency Brand Stock. The agency’s BSTI (Brand ...

Multinational drug firms eyeing Korean OTC market

Korean government’s recent measures to re-categorize drugs has prompted foreign drug makers to renew their efforts to expand into the country’s over the counter (OTC) drug market. Experts point out that Japanese OT...

Zantac don’t require doctor’s prescription

GlaxoSmithKline’s Zantac (ranitidine 75 mg) tablets, which were sold by prescription only, has been available over the counter starting March 1. Launched in 1982 here, Zantac is a histamine H2-receptor antagonist t...

Kim Won-bae named to head Dong-A ST

Dong-A ST, a subsidiary of Dong-A Socio Holdings, said Monday it has appointed as its vice chairman, the former CEO of Dong-A Pharmaceutical Co. Dong-A Pharmaceutical was transformed into Dong-A Socio Holdings ...

Menarini Group opens Korean branch

Menarini Group, Italy’s leading pharmaceutical company, has recently established its Korean branch to gain a strong foothold in the domestic pharmaceutical market. The Floren...

CTC Bio wins patent lawsuit

The landscape of the nation’s pharmaceutical market is expected to change as CTC Bio has won a patent suit against Daiichi Sankyo. CTC Bio said on Feb. 28 that the company was successful in its legal battle against...

Roche Diagnostics installs cobas 8000 modular analyzer series at Eone Reference Lab

Roche Diagnostics and Eone Reference Laboratory held a ceremony last Thursday at Songdo, Incheon, after successful installation of the cobas 8000 modular analyzer series at the laboratory. The cobas 8000 modular an...

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