News About: Pharm. Industry
Pacific Pharma teams up with Medytox
Pacific Pharma said Thursday that it has established a marketing and distribution partnership with Medytox.
Under the strategic alliance, Pacific will be in charge of co-marketing Medytox’s Neurotoxin, a botulinum...
Wholesalers, GSK face off over profit margin of Augmentin
Things are going from bad to worse for domestic drug wholesalers these days as many pharmaceutical firms have further tightened their wallets amid concerns over falling revenue triggered by the government mandate drug...
Pharmaceutical firms opt to slash wholesaler profit margin
Korea’s pharmaceutical sector is now headed for a fresh round of restructuring, with major companies pushing employees to opt for early retirement plans amid growing worries over the lackluster earnings outlook.
Do...
Drugmakers to adopt new barcode system on prescription drugs
From January 1, 2013, the standardized barcode, GSI-128 coding system, will be made compulsory on all prescription drugs to improve the traceability of medicines distributed here and to increase consumer safety.
GS...
KFDA approves Ildong’s novel antibiotic agent
Ildong Pharmaceutical Co. said Wednesday that it has received approval from the Korea Food and Drug Administration to conduct phase 1 clinical trial of PDF (peptide deformylase) inhibitor, a novel class of antibiotics...
May indication expansions boost Cialis?
The Korea Food and Drug Administration has recently approved Eli Lilly's Cialis to treat men with symptoms of benign prostatic hyperplasia (BPH) alone or with both BPH symptoms and erectile dysfunction.
Market obs...
Actually transacted drug pricing system should be abolished, experts say
Korea should abolish the current incentive based pricing system as the differences between reported and actual prices still exists, market experts claim.
On top of that, they say the prevailing drug pricing reform ...
Lee Bum-jae to head vaccine business unit in MerckMSD Korea, the subsidiary of the U.S. pharmaceutical firm Merck & Co., appointed Lee Bum-Jae as its new director, responsible for taking charge of vaccine business division in t...
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Huntingdon Life Sciences to provide drug development services for Korean pharmaceutical companies
IE Sung International, a local consulting services organization announced recently that it has signed an exclusive agency agreement with Huntingdon Life Sciences (HLS), an international contract research organization ...
Viagra generic makers to release orally disintegrating tablets
Six Korean drug firms, including Jeil Pharma and Dongkook Pharma, will roll out generic versions of Viagra as a new formulation - orally disintegrating tablets.
This innovative technology is expected to gain popula...
