News About: Pharm. Industry


Green Cross eying sales of 10 billion won with new drug

Green Cross Corporation one of Korea's largest pharmaceutical companies said Thursday that its Shinbaro capsule, a new natural substance-containing medicine designed to cure degenerative arthritis, is expected to reac...

Government-certified innovative pharmaceutical firms need to be reborn as research oriented ones

The government has recently selected 43 drug makers as innovative pharmaceutical firms to foster global pharmaceutical firms through the creation of a large-scale R&D fund and offering various tax benefits to local co...

KRPIA regrets government’s boycott of innovative pharmaceutical firms

The Korean Research-based Pharmaceutical Industry Association (KRPIA) on Wednesday expressed regret at the government’s non-selection of many multinational firms here as innovative pharmaceutical firms, although 10 fo...

Jeil Pharm, Takeda Korea sign distribution agreement for Dexilant

Jeil Pharmaceutical Wednesday signed a distribution agreement with Takeda Korea to sell Takeda’s new proton-pump inhibitor Dexilant (dexlansoprazole) in Korea. The launching ceremony was held at the Park Hyatt Hote...

Hanmi’s diabetic drugs featured in 2012 American Diabetes Association Meeting

Hanmi Pharmaceutical Co. said Wednesday that the clinical utility of the Company’s LAPSCOVERY-based lead diabetic drugs, LAPS-Exendin4 and LAPS-Insulin, was featured at the Annual Scientific Sessions of the American D...

Kang Moon-seok arrested for embezzlement

Kang Moon-seok, the second son of Dong-A Pharmaceutical Chairman Kang Shin-ho, was arrested Wednesday by prosecutors on charges of embezzlement and stealing bank funds. Moon-seok, vice chairman of foreign wine and ...

Yuhan to introduce 7 original drugs

To prepare for government-mandated cuts in drug prices, Yuhan Corp. has recently unveiled its plan to sell seven original brands, including Boehringer Ingelhheim’s Micardis and Gilead’s Truvada, within the year by joi...

43 drug makers selected as innovative pharmaceutical firms

The Ministry of Health and Welfare announced Monday a list of 43 innovative pharmaceutical firms that post more than 100 billion won in sales and invest at least 5 percent of their revenue in research and development ...

James Cheon to head Ahngook’s global business division

Ahngook Pharmaceutical Co said Monday it has appointed as its new executive director, James Cheon (S.Y. Cheon), a renowned expert in pharmaceutical licensing and foreign busines...

Sam-A to unveil new generic version of Viagra

Sam-A Pharmaceutical said Friday that it will release its novel dosage form of Viasin granule (sildenafil) from tomorrow. The drug, which will be co-promoted by five local drug firms, is based on IDIA technology - ...

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