News About: Pharm. Industry
Nucleoside to treat drug-resistant HBV presented at HEP-DART
Bukwang Pharmaceutical Co. announces that interim results of physician-sponsored studies of a novel antiviral compound ‘FMCA’ and its prodrugs for the treatment of chronic hepatitis B virus (HBV) was presented at the ...
Dong-A and Green Cross to see sustained growth next year
Despite the government’s pressure to cut drug prices and fierce competition, Dong-A Pharmaceutical and Green Cross Corp. will see their revenue and operating profit surge next year, according to a report released by I...
Local pharmaceutical industry in transition
The country’s pharmaceutical companies face tough times ahead of the government’s plan to slash drug prices. So far, the government’s tight control over drug pricing and reimbursement policies under the national healt...
Korean companies urged to seek M&As to counter drug price cuts and US FTA
Domestic drug makers should focus on seeking mergers & acquisitions (M&As) to enlarge their sales volume to survive in an era of the Korea-U.S. FTA and massive drug price cuts, an expert said.
“Local companies shou...
KHSA publishes market report for health supplement foods
The Korea Health Supplement Association (KHSA) has published a 2011 health food market report as part of efforts to nurture local industries per region under the support of the Ministry of Knowledge Economy.
With a...
KPMA to select large legal service providers
The Korea Pharmaceutical Manufacturers Association (KPMA) is expected to pick up one or more large law firms to deal with its planned lawsuit against the Ministry of Health and Welfare for the latter’s plan to slash d...
Korean pharmaceutical companies likely shy of M&A
Companies could benefit from mergers and acquisitions (M&As) in the changing business environment of the 21st century, but Korean drug firms shows a negative attitude towards M&As due to the government’s plan to slash...
LG Life Sciences releases new meningitis vaccine
LG Life Sciences said Monday that a new meningitis vaccine Euhib injection has been launched here.
Meningitis is a general name for an infection of meninges - the fluid and membranes that surround the spinal cord a...
Experts call for prudence in lawsuit plan timing
Domestic drug makers should be extra careful in picking the right moment for lodging a lawsuit against the Ministry of Health and Welfare for its plan to slash drug prices next year as any premature action could invit...
Korea Drug Logistics Cooperative drawing keen interest
As combined sales of the planned Korea Drug Logistics Cooperative for small- and medium-sized wholesalers is expected to reach 1.5 billion won annually, a number of wholesalers and even drug firms have expressed their...
