News About: Pharm. Industry
Key word for drugmakers in 2012 is survival through innovation and R&D
The country’s pharmaceutical companies face tough times ahead with the government’s plan to slash drug prices starting April, heaping strain on the generic-focused Korean industry.
Currently, Korean firms remain ji...
CJ to work with BioLeaders on cancer and vaccine research
CJ Cheil Jedang and BioLeaders Corp. on Dec. 30 signed an agreement to collaborate on joint projects of cancer and vaccine at BioLeaders's headquarters in Daejeon, following a memorandum of understanding executed on O...
SBS TV drama depicts theme of new drug development
The theme of research and development for new drugs are being featured in the small screen.
“Salarymen’s Chohanji”, which will be broadcast on Mondays and Tuesdays on SBS, is a comic drama depicting the scheme of t...
Restructuring hitting pharmaceutical sector
Korea’s pharmaceutical sector is heading for a fresh round of restructuring, with many drug makers contemplating a plan to push employees to opt for early retirement plans amid growing worries over the lackluster earn...
Pharmaceutical shipment index down, export up
Despite the fact that the country’s shipment index of pharmaceuticals still fell in November, the volume of drug exports fared well in November, according to a market analyst.
The market analyst said that the shipm...
Global expansion, R&D to drive up Green Cross
The fresh aim of the Green Gross is to solidify its position overseas and widen research and development in the life sciences industry.
Among its diverse product portfolio, its core sectors are vaccines and blood p...
Drug makers seeking to brace for measure designed to reduce insurance expenditures
Korea’s pharmaceutical industry have a bleak outlook for this year as the government plans to slash the price of about half the drugs on the market by an average of 14 percent.
The price cuts will be the largest si...
Multinational firms shrug off lawsuit
The Korea Pharmaceutical Manufacturers Association said it is considering legal action to prevent the government measure to cut drug prices from going into effect, while multinational drug firms here decided not to fi...
Pharmaceutical industry worrying about rationale in court
The pharmaceutical industry has raised their voice against the government plan to slash drug prices next year.
Led by the Korea Pharmaceutical Manufacturers Association, domestic drug firms have taken action to fil...
NTS likely to launch tax probe on drug makers
The nation's tax agency will launch a thorough probe on some pharmaceutical companies for illegal rebates as the government investigation team discovered on Sunday that more than 1,600 doctors and nearly 400 pharmacis...
