News About: Pharm. Industry


Wooridul, Alico will not join Daewoong’s online shopping mall

Wooridul Pharm and Alico Pharm said Tuesday they will withdraw plans to join ‘The Shop,’ an online drug shopping mall operated by Daewoong Pharm. Pharmaceutical sources said the move is aimed to co-exist with pharm...

Leading drug makers moving to launch online drug shopping malls

A number of drug companies plans to launch their online drug shopping malls as the shopping malls operated by Daewoong Pharm and Hanmi Pharm have been successful. So far, Korean drug firms tried to slim down and ti...

Ilyang presents updated phase II clinical results for Supect at 2012 ASH annual meeting

Ilyang and its collaborators Monday provided phase II clinical presentations on Supect (radotinib) at the annual meeting of the American Society of Hematology (ASH), which held on Atlanta between December 8 and 12. ...

Handok Pharm to set up JV with Teva

Handok Pharm Monday said in its regulatory filing that it joined hands with Teva, a global generic drug maker, to establish a joint venture for drug logistics business. Handok will hold a 49 percent stake in the jo...

Wholesalers, two drug makers face off over online shopping mall

Controversy is escalating between pharmaceutical wholesalers and two pharmaceutical firms, Daewoong Pharm and Hanmi Pharm, over the latters’ launch of online pharmaceutical drugs shopping malls. The Korea Pharmaceu...

JW holdings to issue bonus shares

Last Friday, JW Holding filed a public notice, announcing that it will issue 2.42 million new bonus shares to existing shareholders from January 1. Shareholders will get 0.05 shares free per share of the common sto...

Local drug makers go all-out to boost sales

Korean drug firms are beefing up their sales and marketing campaigns in efforts to meet their annual sales target, while multinational firms are not in a hurry, industry sources said Friday. Many foreign invested f...

Wooridul Pharm denies rebate allegations

The Korea Food and Drug Administration announced Monday a list of 34 drug companies, including Shinpoong Pharm and Wooridul Pharm, which were caught offering kickbacks to doctors, pharmacists and hospital officials, a...

Alvogen Korea to have dominant say at Kunwha

Alvogen Korea, a Korean unit of U.S.-based generic firm Alvogen, will have a dominant say in business decisions at Kunwha Pharma having with 60 billion won in sales, from now on. A decision by shareholders of Kunwh...

KPMA okays new committee to protect Japanese drug companies

The Korea Pharmaceutical Manufacturers Association (KPMA) said Wednesday that it has decided to create a special committee for eight Japanese firms here as part of efforts to bolster Japanese firms’ benefits. The J...

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