News About: Pharm. Industry
Drugmakers’ failed attempts to reduce promotional outlays
Local pharmaceutical companies have been making all-outs to cut their promotional expenditures as part of efforts to brace for effects of gov’t-imposed price cuts, but with no available.
According to a report recen...
Ildong to conduct clinical trials to develop IMDs
Ildong Pharmaceutical Co. has unveiled its plan to develop seven incrementally modified drugs (IMDs) this year, while undertaking the clinical trials of Cotromvix (clopidogrel + asprin), a dual-purpose drug to treat t...
Dong-A releases new topical medication
Dong-A Pharmaceutical Co. said Monday that it has rolled out Melanosa cream (hydroquinone) as over-the-counter version to alleviate freckles, sun spots large areas of discoloration.
Melanin is the brown pigment fou...
Some leading drugmakers rely on other commodities heavily in 2011 sales
Jeil Pharmaceutical and Yuhan Corporation were shown to excessively depend on multinational companies’ original brands in their sales portion in 2011, it was learned by data released Yakup.com, a pharmaceutical inform...
Kim Won-bae renamed as head of Dong-A
Kim Won-bae, incumbent Dong-A Pharmaceutical Co., was renamed last Friday as its president in the annual shareholders' meeting.
Kim, who served as CEO of Dong-A for almost ten years since March 2003, will serve his...
Park to head Dongwha Pharma
Dongwha Pharmaceutical Co. said last Friday that it has named Park Je-wha, former chief executive of Janssen Korea, as new president.
Park replaced Jo Chang-soo, who is departing the company for personal reasons.
...
Local drug makers to be hit by patent suits
Korean drug firms would face an uphill battle in patent infringement lawsuits as the Korea-U.S. free trade agreement (KORUS FTA) went into effect Thursday, citing the need for effective policy to support them.
Acc...
Pharmaceutical companies’ average operating profit edge down
Domestic drug firms in Korea saw their average operating profit edge down last year from a year earlier, according to Yakup.com, a pharmaceutical information company.
The operating profits of 52 pharmaceutical comp...
Government holds public hearing over selection of innovative pharmaceutical companies
The government held a briefing for the interested companies on the designation of innovative pharmaceutical firms, the Ministry of Health and Welfare said Wednesday.
In the public hearing where 300 industry officia...
U.S. seeks patent protection for drugs, expert say
The controversial patent linkage system is aimed at delaying the market organization of a drug to protect the interests of U.S. drug makers in the Korean domestic market under the Korea-U.S. free trade agreement (KORU...
