All Type of News
‘Growing’ Korean health supplements market attracting the high value industry
The Korea Health Supplements Association(Chairman Seok-Hyung Kwon) announced the 2017 health supplements market structure by size, ingredient and distribution channel based on data from the health supplement purchasin...
Both joys and sorrows about operating profits in the pharmaceutical packaging equipment industry
Last year, pharmaceutical packaging equipment companies have faced different situations in business performance.
Yakup Shinmoon(www.yakup.com) analyzed 2017 audit reports that 7 major drug packaging equipment compani...
Huons signs KRW 56.7 billion European export agreement of ‘Hutox’
Huons(CEO Ki-Ahn Eum), an affiliate of Huons Global, announced on the 30th that the company signed an agreement to export ‘Hutox Inj(HU-014)’ to Europe.
Based on the MOU signed last August with SESDERMA, a Spanish es...
Alteogen acquires U.S. formulation patent of biosimilar referencing ‘Eylea’
Alteogen officially announced on the 30th that the company acquired a U.S. patent of a stable liquid formulation of fusion protein with IgG Fc domain on 27 April.
According to the company, the patent, formulation tec...
Foreign pharmaceutical company branches sending a half of net profits to their headquarters
Multinational pharmaceutical companies branching in Korea reportedly sent a half of net profits to their overseas headquarters without being careless in social return of company profits to the Korean society.
Yakup S...
Government-wide actions towards Nagoya Protocol
The Nagoya Protocol that the government recently issued said the government would maintain regulations through the Natural Resource Committee and take actions on various changes in multilateral trade lines to minimize...
Top 3 pharma distribution companies own 23% of total surpluses that the industry owns
Pharmaceutical distribution companies reportedly saved KRW 2.1 trillion external surpluses accumulated internally at the end of the last year. Especially, the top 3 companies, Geo-Young, UMC Holdings and Ohsong Pharm,...
Kolon Life cancelled for ‘Invossa’ technology export agreement with Mitsubishi Tanabe
When it comes to the Invossa technology export, Kolon Life Science officially announced on the 27th, “Mitsubishi Tanabe Pharma filed mediation at the International Chamber of Commerce. The mediation will be proceeded ...
Chong Kun Dang acquires U.S. process patent of CKD-11101, anemia therapy biosimilar
Chong Kun Dang(CEO Young-Joo Kim) announced on the 27th that the company acquired a process patent of ‘CKD-11101,’ a second-generation biosimilar for the treatment of anemia, in the U.S.
The process patent, a patent ...
Employees at multinational pharma branches in Korea make KRW 76 million salary a year per
The average annual salary of employees working for multinational pharmaceutical companies’ branches was about KRW 76 million, and employees at GlaxoSmithKline were making the highest annual salary of KRW 131 million o...
