All Type of News
The 73.1% pharmacist license users in Korea are working in pharmacies
It is known that 41.8% of the entire pharmacist license owners and 73.1% of the currentlicense users are working in pharmacies.
Go-eun Lee, deputy director of the Pharmaceutical Policy Division, the Ministry of Healt...
OTC drugs of multinational pharmaceutical companies are more expensive in Korea than in others
Research about prices of OTC (Over The Counter) drugs and non-pharmaceutical products that multinational pharmaceutical companies produces and sells showed that they are more expensive in Korea than ones in elsewhere....
Handok-Teva’s strugglein the Korean pharmaceutical market
It is analyzed that Handok-Teva, co-established by a domestic pharmaceutical company, Handok, and one of the top global pharmaceutical companies, Teva, an Israel comapany, has been suffering in the Korean pharmaceutic...
94% consumers of pharmacies purchase drugs without comparing price
Based on a survey to study consumption of OTC (Over The Counter) drugs, it was shown that consumers of pharmacies depends more on pharmacist than prices of pharmaceutical products.
According to the survey targeting 3...
Huge influence of Samsung in the biosimilar industry… andadvancement of domestic companies as wellA large company, Samsung, have steadily showed its impact in the bio market.
Due to its mighty financial firepower, CMO contracts with multinational companies and success with ...
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Mission to target the mind of middle-aged women…severe competition in the market of menopausal symptoms
As the top companies have entered in the market, competition over menopausal symptom treatments is going to be severe. The size of the domestic menopausal symptom treatment market is worth of KRW 8 billion, mostly con...
Due to pressure of the distribution industry, PMG Pharmaceutical decided to raise distribution costKorea PMG Pharmaceutical, pressured by the pharmaceutical distribution industry,decided to improve its lowdistribution cost
The Korea Pharmaceutical Distribution Association an...
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Menarini Korea has made its solid position in the OTC drug marketMenarini Korea has become the strong in the OTC (Over The Counter) drugmarket.
After making a huge hit with the athlete’s hand and foot treatment ‘Fulcare’ last year, the compa...
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Biosimilar market worth of KRW 63 trillion will be opened
It is expected that the biosimilar market will expand within several years due to patent expirations of original drugs. Currently, the international market size of the expired drugs reaches about KRW 63 trillion.
Acc...
Multinational pharmaceutical companies are enlarging points of contact with pharmacies as preparation for the ‘Generic Name Prescription’
Multinational pharmaceutical companies’marketing businesses with pharmacieshave been steadily grown. It is observed that the new trend seems to differ from the previous one occupying in the ETC (Ethical) drug-centered...
