News About: Pharm. Industry
Dongkoo re-launches cernitin flower pollen product
Dongkoo Pharmaceutical says that Cernilton capsule, an over-the-counter drug, which is effective for the treatment of chronic prostatitis and prostatodynia, has been re-marketed since June to meet growing market deman...
KFDA approves 11 multinational clinical trials in July
The Korea Food and Drug Administration said yesterday it approved 11 multinational clinical (MNC) trials for foreign-invested pharmaceutical firms, pointing to the rapid development of the local clinical experimentati...
Ilyang’s novel antiviral compounds presented at international conference
Data of new antiviral compounds, which were jointly developed by Ilyang Pharmaceutical and Hallym University, was presented at the 31st annual meeting of the American Society for Virology on July 22 at the University ...
Daewoong forges strategic tie-up with Takeda
Daewoong Pharmaceutical said Tuesday that it has signed with Takeda Korea to exclusively distribute Takeda’s Instanyl (fentanyl) in Korea.
Instanyl is a prescribed intranasal fentanyl spray for the management of br...
LG, AstraZeneca to co-market Vimovo in Korea
LG Life Sciences (LGLC) and AstraZeneca Korea (AZK) Tuesday announced that the two companies have signed an agreement to co-market AZK’s Vimovo tablets from next month in Korea.
Vimovo contains a combination of eso...
Biosimilars to vitalize Korea's drug industry
Soaring research costs, rampant illicit rebates and a gushing inflow of multinational drug giants following free trade pacts have come together to ignite the biggest crisis in years in Korea’s pharmaceutical industry....
Choi Yong-bum named marketing director of AstraZenecaChoi Yong-bum, incumbent executive managing director of AstraZeneca Korea, has been named as AstraZeneca headquarters’ global marketing sales director to lead the whole circulat...
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Court rules against pharmacy management fee
A court on Friday dismissed a cancellation suit filed by an association of pharmacists in Seoul against the Ministry of Health and Welfare for slashing the pharmacy management fee.
The Seoul Higher Court noted that...
Wonik to supply miraDry System to domestic market
Wonik Corporation, a local medical device supplier, said Monday that miraDry System for the treatment of primary axillary hyperhidrosis (commonly known as excessive underarm sweat), popular in the United States and Ja...
Schnell to sell large shareholders’ stake
Schnell Biopharmaceuticals said last Friday that it plans to sell the stake of large shareholders or dispose of stakes in its affiliated companies, without elaborating on the plan.
“We will make our regulatory fili...
