News About: Pharm. Industry
Samjin veers into functional health food market
Samjin Pharmaceutical Co. is entering the domestic functional health food market by launching Active Hexose Correlated Compound (AHCC), a dietary supplement rich in polysaccharides and fiber - processed from the mycel...
Local drug makers face dilemma over 2012 sales
A majority of Korean companies are said to finalize their target sales for this year, which are a similar level to those of last year, ahead of the government’s plan to cut drug prices by an average of 14 percent star...
292 bioequivalence tests approved by KFDA in 2011
The Korea Food and Drug Administration said Monday it approved a total of 292 bioequivalence tests last year, down 25 percent from 388 bioequivalence tests in 2010 due to decrease in the number of re-examination or of...
CJ to heighten effort to boost pharmaceutical and biosimilar sectors
CJ Cheiljedang Corp., Korea's leading food manufacturer, has recently unveiled a set of plans to nurture its pharmaceutical and biosimilar sectors as one of CJ’s core businesses.
“We will boost the sales of pharmac...
Green Cross’s Hunter syndrome treatment approved in Korea
Korea's leading vaccine manufacturer Green Cross Corp. has achieved a major success in its product development: The Korea Food and Drug Administration on Jan. 9 granted marketing approval for Hunterase
Korean companies in more frenzied strategic alliance trap
The world has been rapidly changing due to globalization. The concept of national boundaries has faded away and the world is headed toward unlimited competition.
A strategic alliance is a new management strategy th...
Pharmaceutical shares being spotlighted on higher hope of new drugs
Pharmaceutical stocks are likely to get off to a strong start, buoyed by hopes on new drugs and expanded global business.
The share prices of Ilyang Pharmaceutical rose to 60 percent on January 5 compared with its ...
Reconstructing hitting salespersons
Korea’s pharmaceutical sector is opening a fresh round of restructuring, with major drug firms poising to push employees to opt for early retirement plans amid growing worries over the lackluster earnings outlook.
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Ahn Eun-un to head Roche Diagnostics Korea
Roche Diagnostics Korea held an inauguration ceremony for a new president Ahn Eun-un, incumbent executive, on Thursday
Ahn was named to replace Lee Hun-goo who will become an adviser for the company.
Industry w...
Leading pharmaceutical firms poised to file suit against government’s price cuts
Major pharmaceutical firms vow to defy the measure designed to reduce insurance expenditures.
As many as 100 local drug makers have renewed their determination to make a suit against the government’s massive drug p...
