News About: Pharm. Industry


Two drugmakers fight against drug price cuts

Guju Pharma and Youngpoong Pharma, small-sized pharmaceutical firms in Korea and the government are at odds over the new regulation slashing drug prices by an average of 14 percent from April 1. The two drug firms...

Pharmaceutical firms pay 256 million won in executives’ annual salary on average

Pharmaceutical companies listed on the Korea Exchange paid annual salaries near 256 million won to their registered executives on average last year, according to Yakup.com., a pharmaceutical information company, citin...

Average annual wage of DaewoongㆍYuhan Pharma employees reaches 60 million won

The average annual salary of Daewoong Pharmaceutical’s workers stood at 64 million won, the highest among Korea's leading drug firms, pharmaceutical information company Yakup.com data revealed yesterday. Yakup.com ...

Viagra’s five generics approved

Five local drug firms – Kuhnil, Sam-A, Samjin, CJ Cheil Jedang and Ildong - got another go-ahead from the Korean. Food and Drug Administration (KFDA) to produce ten generic products of the anti-impotence pill Viagra, ...

Korea to select 50 innovative pharmaceutical firms

The government unveiled its plan to select 50 companies as “innovative pharmaceutical firms,” subject to tax deduction, price raises, financial aid, research and development support and other benefits, while scrutiniz...

Pharmaceutical firms urged to take higher social responsibility profile

Corporate Social Responsibility (CSR), an issue of policy debates on corporate agendas, has recently emerged as an essential condition for sustainable growth of enterprises in the changing business environment of the ...

Green Cross posts largest per-capita sale

Green Cross Corp. was the nation's most economically active drug firm in 2011, with its per-capita revenue topping the list among 53 pharmaceutical companies listed on the Korea Exchange market. Yakup.com, a pharma...

CJ forges strategic tie-up with Japanese firm

CJ Jeil Chedang said Friday that it has forged a strategic alliance with Asai Kasei Medical Co., a leading Japanese medical device firm, in an effort to distribute Asahi’s hemodialysis products in Korea. Under the ...

Hanmi’s Hyaluma inj. wins SCG certification

Hanmi Pharmaceutical said Monday that it has acquired the British SGS (Society of General Surveillance) certification for Hyaluma injection (sodium hyaluronate as a medical device. Sodium hyaluronate is used as a v...

Ildong brings in Ohta’s Isan brands

Ildong Pharmaceutical said Friday that it has established a marketing and distribution partnership with Ohta’s Isan Co. in Japan. Under the deal, Ildong will bring Ohta’s Isan Antacid tablets, one of the most trust...

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