News About: Pharm. Industry


Implementing global budget payment scheme to reduce healthcare costs: KRPIA

To ensure the sustainable operation of the national health insurance (NHI), the Koran government needs to review the global budget payment scheme with a series of reasonable payment standards to be formulated, accordi...

Green Cross sets new milestone in overseas markets

Green Cross Corporation said Friday that it has signed a $68.48 million deal to build a plant of biological preparations in Thailand. Under the deal with the Thai Red Cross Society, Green Cross will build the plant...

Hyundai Pharma sells Sunkist vitamin C tablets

Hyundai Pharmaceutical Co, said last Thursday it has launched Sunkist vitamin C tablets 1,000 mg and 500 mg for the exclusive sales of pharmacies. Sunkist vitamin C tablets, which will be imported directly from Can...

Abbott completes split with AbbVie

Abbott Laboratories and its pharmaceutical spinoff AbbVie Inc. kicked off the year as separate companies. AbbVie began trading Wednesday on the New York Stock Exchange under the symbol "ABBV.” The stocks had traded...

Dong-A sues Poolim Pharm over Stillen patent

Dong-A Pharmaceutical is suing Poonglim Pharmaceutical for violating its patent rights of Stillen, one of Dong-A’s flagship products for treatment of gastritis. Dong-A said Thursday Poonglim has violated patent rig...

JW Pharma unveils Actemra

JW Pharmaceutical said Thursday it has started selling Actemra (tocilizumab) here, giving patients with rheumatoid arthritis (RA) access to the new antibody medication. Actemra is an immunosuppressive drug, mainly ...

KPWA mulls tougher action against online drug shopping malls

The Korea Pharmaceutical Wholesaler Association (KPWA) is considering taking a tougher measure against the operation of five online drug shopping malls operated by drug makers. The KPWA held a meeting on Thursday t...

All eyes are on emergence of second biosimilar

Industry officials say that the second biosimilar will be available in the first half of this year as Celltrion won approval to produce the world’s first antibody biosimilar, Resima in July 2012. Remsima is a biosi...

Drug makers step up guard against crisis

Local drug manufacturers are placing priority on enhancing their financial structures and business portfolios to compete against much bigger foreign drug makers abroad by focusing on competitive new businesses like bi...

Online Pharm signs automation system deal with JVM

Online Pharm, an affiliated company of Hanmi Pharmaceutical, said Thursday it has signed an automation packaging system supply deal with JVM Co., a leading company in the development of automation system for hospitals...

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