News About: Pharm. Industry
Dong-A breaks ground for new plant
Korea’s No.1 pharmaceutical company Dong-A Pharm broke ground on Thursday to produce biosimilars in Songdo, Incheon, marking the company’s first step toward fostering biosimilars as a new growth engine.
The ground-...
Pharmaceutical exports comprise of merely 8.8% on revenue
Data revealed by Yakup.com, a pharmaceutical information provider, show that most pharmaceutical firms are still concentrating on sales in already saturated domestic market in spite of falling revenue hit by governmen...
Handok terminates partnership with Sanofi-Aventis
Handok Pharmaceutical is ending its longstanding alliance with Japan’s Sony on their joint LCD venture, after both companies deciced to seek the independent management objectives for racking up their long-term growth....
Shinpoong wins trademark lawsuit against Novartis Korea
Shinpoong Pharmaceutical has won the right to market a medication for hypertension in the trade name of Divaltan
The company announced Wednesday that it secured the right to use such trademark on Korean market afte...
108 bioequivalence tests approved by KFDA in first half
The Korea Food and Drug Administration said Wednesday that it approved a total of 108 bioequivalence tests in the first half of this year, showing a decrease compared to 114 cases from a year earlier.
By therapeuti...
Handok buys 20% share of Genexine
Handok Pharmaceutical Co. Wednesday purchased 19.72 percent in shares of Genexine, a Korean biopharmaceutical company.
“Handok and Genexine already signed a memorandum of understanding in February to jointly develo...
Competition heats up in domestic allergic rhinitis market
Competition in the local allergic rhinitis market is heating up because generic manufacturers are increasing efforts to occupy the runner-up slot by deploying aggressive marketing strategies.
The domestic allergic ...
SK Chemicals to conduct Phase 1 trial of flu vaccine
SK Chemicals said Tuesday that it will carry out Phase 1 clinical trial on its cell-culture based influenza vaccine in collaboration with the government.
The Korea Food and Drug Administration has already given the...
Kwangdong’s Uhwang Cheongsimwon to be exported to Vietnamese market
Uhwang cheongsimwon, Korea’s traditional anxiolytic medicine, will be exported to Vietnam, according to Kwandong Pharmceutical.
The company said that it signed an agreement with the Vietnamese government last month...
Domestic firms’ strategic alliance with multinational firms bring no benefits
A number of domestic pharmaceutical firms already established strategic alliances with multinational firms here, in a desperate efforts to boost sales to soften the hardest impacts caused by the govement-mandated cuts...
