News About: Pharm. Industry
Lee Yil-seob named IFAPP presidentDr. Lee Yil-seob, incumbent vice president of GlaxoSmithKline Korea, was named president of International Federation of Association of Pharmaceutical Physicians (IFAPP) in the 1...
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Pharmaceutical firms witness sales edge up, but falling profits in Q3
After comprehensive price cuts of drugs by the government in April. local drug companies witnessed a sales stagnation during the third quarter of this year, but fell short of reaping more profits than the previous qua...
SK Chemicals wins green management award
SK Chemicals has been recently named a “green management leader” in the 2012 Green Ranking for the second year in a row, a first for a Korean pharmaceutical company.
The Green Ranking evaluates the management’s ec...
Ildong signs antibody deal with US firm
Ildong Pharmaceutical said Thursday it has signed an exclusive licensing agreement with the U.S. based TG Therapeutics Inc. for the development and commercialization of the company's novel anti-CD20 antibody, Ublituxi...
11 first-aid products to be sold at 24-hour convenient stores
The Ministry of Health and Welfare said yesterday that 11 over-the-counter (OTC) drugs will be available in 11,538 convenience stores, roughly half of the nation’s convenience stores.
The selected items are classif...
Drug makers still sweating over 2013 business plan
A majority of Korean pharmaceutical companies are still struggling to finalize their business plans for the new year, industry sources said.
Economic uncertainty has led many companies to say they have no plans to ...
Yuhan to acquire shares of Theragen Etex
Yuhan Corporation said in its regulatory filing Tuesday that it is proceeding with preliminary negotiations with Theragen Etex, a local biopharmaceutical firm, to acquire the latter’s shares.
More details will be a...
Expanded bar code for prescription drug to be made compulsory from 2013
Expanded bar code (GS1-128) or radio tags should be placed on both the immediate containers and outer packages of all prescription drugs sold here from next year, the government said Tuesday, in order to create a trac...
Pfizer Korea teams up with 4 university hospitals
Pfizer Korea said Monday it has signed a memorandum of understanding (MOU) with four leading hospitals in the country to cooperate on clinical trials.
The hospitals dubbed partners of Pfizer’s Inspire (Investigator...
Pharmaceutical firms urged to enhance salespeople’s morale
Korean drug companies are trying to survive the government’s price cuts by slashing production costs and reorganizing their sales force.
Many say the companies should treat sales people in a manner to enhance their...
