All Type of News
Korea-Vietnam pharma associations to run cooperative program
The Korea Pharmaceutical and Bio-Pharma Manufacturers Association(KPBMA) and Vietnam Pharmaceutical Companies Association(VNPCA) held a c-level conference meeting in Hanoi, Vietnam, on the last 3rd and decided to run ...
College of pharmacy will choose their 6-year curriculum on their own
Every college and university will be able to choose between the 2+4 year curriculum and the full 6 year program at college of pharmacy on their own.
The Ministry of Education pre-announced the ‘Partial Revision Bill ...
Average annual salary for registered officers at listed pharmas was KRW 159 million on average
The average salary of registered officers working for listed pharmaceutical companies was KRW 159 million. Also, it was analyzed a gap between officers working for each company in salary was significant.
Yakup Shinmo...
Listed pharmas in overseas sales and exports
Last year, both KOSPI and KOSDAQ listed pharmaceutical companies had an increase in overseas sales/exports on average compared to the same quarter of the last year. In the percentage of overseas sales/exports to total...
10 multinational pharmas rejecting cooperation with return of stored medicines
The Korean Pharmaceutical Association(President Chan-Hwi Cho, KPA) unveiled 10 pharmaceutical companies not cooperating with its project of returning stored medicinal drugs.
After affirming official opinions from eac...
Samsung Bioepis agrees on ‘SB5’ patent conflict with AbbVie
Samsung Bioepis(CEO/President Han-Seung Ko) agreed on the patent conflict about SB5(generic name: adalimumab, biosimilar referencing Humira), a biosimilar for the treatment of autoimmune disease(Anti-TNF-α).
Samsung ...
Government to take actions to make stricter rules on prolonged-release Tylenol risking liver damages
The Ministry of Food and Drug Safety(MFDS) announced on the 6th that the ministry lowered the Acetaminophen-containing prolonged-release drugs’ packaging volume to the daily maximum dosage to reduce risks, such as liv...
GeoYoung Group achieves KRW 3 trillion sales for the first time in pharma distribution market
GeoYoung Group made sales more than KRW 3 trillion for the first time in the pharmaceutical distribution industry.
The ‘Big 2’ in the industry, GeoYoung(11 companies including affiliates and associations) and Baekje ...
How much listed pharmaceutical companies spend on R&D?
Last year, KOSPI listed pharmaceutical companies had a decrease in the average R&D expenses year-on-year, and KOSDAQ listed pharmaceutical companies had an increase. When it comes to the R&D expense/sales rate, KOSPI ...
Listed pharmas with KRW 430 million annual sales per employee
Average annual sales per employee working for listed pharmaceutical companies reportedly were KRW 428 million last year, and Kwang Dong Pharmaceutical had the highest KRW 1.15 billion among other listed pharmaceutical...
