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What are reasons for pharmaceutical companies to replace their MRs to CSOs?

It is observed that some mid-sized pharmaceutical companies are working on transferring medical representatives (MR) to contract sales organizations (CSO). According to the pharmaceutical industry, several mid-sized ...

Ildong Pharmaceutical will be inevitable to have a voting challenge against Green Cross on the general meeting of shareholders

Triggered by the shareholder proposal of the 2nd largest shareholder of Ildong Pharmaceutical, Green Cross, the M&A conflict between the two companies will lead to voting. Ildo...

Pharmaceutical companies having more than KRW 300 billion sales recorded only 6.3% in the rate of business profits

Profitability of the top sale pharmaceutical companies has been weakening. According to the YakupDotCom’s analysis result of business performances of pharmaceutical companies having more than KRW 300 billion sales, t...

The Constitutional Court unanimously agreed on constitutionality of the Rebate Dual Punishment System

It is judged that the Rebate Dual Punishment System is constitutional. The Constitutional Court judged that strict restrictions on rebates are required. On the 26th, the Constitutional Court made a constitutional ju...

Although Cialis that will soon be expired recorded the top, Palpal showed the largest growth

Cialis (Lilly)expiring its substance patent on this September has stayed the top in the impotency treatment market last year. However, it is unknown that it will maintain its position as Palpal (Hanmi Pharm) has been...

The KPA stated “The parcel service of pharmaceutical products is an action that tramples opinions of its citizens and doctors”

“Although there is a clear problem on the parcel service of pharmaceutical products, reviewing the parcel service of pharmaceutical products on the 2nd demo project of telemedicine is an action that tramples opinions ...

The Korea-China FTA has been completedthe initialing with its product permission of 513 pharmaceutical products

After the practical settlement of the Korea-China FTA (Free Trade Agreement) on the last 11th, it has now completed initialing the Korea-China FTA Agreement through technical discussion and legal reviews on the 25th. ...

GSK states “We have not confirmed the reduction on the number of wholesale companies”

The Korean branch of GSK expressed that it has not confirmed its business policy to reduce wholesale companies. According to the pharmaceutical wholesale industry, it has been ...

The KRPIA appointed the first woman president, Ok-yeon Kim

The Korean Research-based Pharma Industry Association (hereinafter KRPIA) announced to appoint Ok-yeon Kim, CEO of Janssen Korea, as the 12th president. Due to the appointment o...

The Ildong Pharmaceutical’s labor union stated “We trust the current management and do not want Green Cross”

Starting with an assembly in front of the National Pension Service on the last 25th, the Ildong Pharmaceutical’s labor union has opposed to the Green Cross’s management interven...

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