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Bukwang Pharm took over the Danish bio-venture ‘Contera’

Bukwang Pharm (executive director Sang-hoon Kim) announced on the 25ththat the company acquired the 100% shares of ‘Contera Pharma’, a bio-venture specializing in CNS and locate...

Domestic pharmaceutical companies threw money worth of KRW 33 billion in the sky due to ‘new drug adoption’

Since it is observed that financial damages on each new drug that companies give up on registration of the insurance benefit is approximately KRW 2.2 billion, it is now required for the government to step forward on t...

Daiichi Sankyo is looking for a Korean company to develop an obesity treatment

Daiichi Sankyo, one of the top 3 pharmaceutical companies in Japan, has been looking for development partners through the open innovation platform operated by NineSigma, which i...

What are occupational rates in the health supplement market?

It was observed that the rate of purchasing health supplements in pharmacies is still low, which is 9%. According to the‘2014 Current Market State and Consumer Research of Health Supplement’ report recently published...

What are requirements in new business?... the pharmaceutical industry is focusing on risk minimization

It feels that new businesses in the pharmaceutical industry are focused more on stability than sales. According to the industry concern, when entering new markets, mostpharmaceutical companies concentrate more on min...

Sanofi Pasteur is allowed to sell ‘Menactra’ in Korea

Sanofi Pasteur (president Regis Launay) announced that ‘Menactra’, a meningococcal (Groups A, C, Y and W-135) polysaccharide diphtheria toxoid conjugate vaccine, receivedmarketi...

The 2nd selection of innovative pharmaceutical companies has chosen 5 certified companies

The 2ndselection result of innovative pharmaceutical companies has finally been announced. The Ministry of Health and Welfare announced the 2014certification result and perform...

Will GSK succeed in salesman evaluation without sales performance?

GSK is getting ready to apply a new evaluation measure for individual sales bonuses. Categories to evaluate for the sales bonus are globally same for the company: the expertise level of salesman, the quality of servi...

The top 4 companies challenged a pre-launch of the Celebrex generic product next year

The top 4 companies, Yuhan Corporation, Daewoong Pharmaceutical, Hanmi Pharmaceutical and Chong Kun Dang, has begun to prevent preoccupation of a generic drug, Celebrex (Celecoxib), the blockbuster-level anti-inflamma...

Active domestication of the Korean contrast agent market worth of KRW 200 billion…and entry of Ilsung Pharmaceuticals

As domestically developed products have entered in the contrast agent market, worth of KRW 200 billion currently led by Bayer Healthcare and GE Healthcare, the industry has paid attention in the dynamics of the market...

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