News About: Pharm. Industry
Green Cross seeking to supply flu vaccine to WHO agencies
Green Cross Corporation said Friday it has obtained a prequalification approval from the World Health Organization (WHO) for its multi-dose influenza vaccine, following its single-dose influenza vaccine.
Company of...
SK, IVI sign MOU deal to develop typhoid vaccine
SK Chemicals announced Monday that it has signed a memorandum of understanding (MOU) with International Vaccine Institute to collaborate on typhoid vaccine development and supply.
The collaboration will focus on th...
Dongkook market medicine with mark ‘innovative drug firm’
Dongkook pharmaceutical said it has marketed Censia tablets (centella asiatica extract), having a mark of innovative drug firm certified by the Ministry of Health and Welfare in September.
Dongkook, one of the nati...
Samjin donate 8.3 billion won
Samjin Pharmaceutical said Monday it will donate 670,000 shares worth 8.3 billion won to its 600 employees.
The donation aims to enhance employees’ morale and welfare, since they are working in a harsh environment,...
Healthcare policies for presidential candidates
Park Geun-hye, the ruling Saenuri Party’s presidential candidate, said Saturday that if elected she would increase the health insurance coverage by 80 percent, an average of OCED countries.
The 60-year-old conserva...
Rising won has little effect on pharmaceutical sector
Companies focused on the domestic market, such as those in pharmaceutical and telecommunication sectors, remain largely unaffected by the changing exchange rate, industry sources said.
The sources added that pharma...
Pharmacists protest against Janssen Korea’s unilateral notification of dishonored bill transfer
Janssen Korea has come under fire for its unilateral notification of dishonored bill transfer to pharmacies.
Representatives from the Seoul Pharmacists Association met with Janssen Korea Thursday, claiming the latt...
M&A rumors jitter stock market
Spreading rumors of a merger and acquisition (M&A) by a multinational firm has recently sent the domestic stock market into a buying spree of small pharmaceutical firms’ shares.
Some small companies are known to fa...
Pharmaceutical firms striving to keep afloat
The combined revenues of 70 pharmaceutical companies listed on the local bourse rose 2.6 percent to 5.6 trillion won in the first six months of this year from the previous year, according to the Korea Health Industry ...
Prior screening system for drug approval comes into effect
The prior screening system for drug approval, which had been operated as a run-in project since 2008, has been fully implemented from Nov. 8, the Korea Food and Drug Administration said yesterday.
The prior screeni...