News About: Pharm. Industry
Drug firms showing lukewarm response over restriction-free OTC products
Despite the health ministry’s pledge to allow 44 over-the-counter (OTC) medicines, including the popular tonic Bacchus-D, to be sold at supermarkets and convenience stores as early as August, pharmaceutical companies ...
Drugmakers are in dilemma over rebate
Local pharmaceutical industry is in a mess how to cope with the current situation that some hospitals and doctors have continued to demand rebates from drug companies in return for purchasing their products, while the...
Daewoong opens Vytorin symposium
Daewoong Pharmaceutical said it held a local symposium titled “Vytorin Together Symposium” on July 12 after it signed a co-promotion agreement with MSD Korea.
About 200 Internal Medicine doctors gathered at the Seo...
114 drugs pass bioequivalence testing in first half
The Korea Food and Drug Administration said Thursday that it approved a total of 114 bioequivalence-endorsed medicines in the first half of this year, down 35 percent compared with 176 drugs in the same period of last...
Court rules against LG Life Sciences in patent suit
Korea`s top court on Thursday dismissed claims by LG Life Sciences in a patent lawsuit against local drug firms over their antihypertensive drug, ending a nearly four-year legal battle.
The Supreme Court upheld lo...
Bayer Healthcare launches new corporate image campaign
A dramatically new advertising campaign from Bayer Healthcare seeks to bring viewers to a new level of understanding about the company and its positive impact on human life, expanding the reputation of the Bayer corpo...
Reckitt Benckiser eyes pharmacy market
Stimulated by the success of Gaviscon in Korea, Reckitt Benckiser, a global consumer goods company headquartered in Slough, United Kingdom, has recently released Strepsils, the world's largest-selling so throat medici...
Investigators raid Otsuka Korea in rebate probe
A total of 20 investigators from the Food and Drug Administration and the Seoul Central District Prosecutors' Office raided the headquarters of Otsuka Korea in Seoul, Wednesday morning, as part of a widening investiga...
Film type Viagra to go on sale next year
A film type of Pfizer’s Viagra will be available on the domestic market in the first half of next year, according to a local drug firm.
Jinyang Pharma said recently it will carry out Phase I trial for such drug aft...
Ildong to market Shionogi’s pirfenidone in Korea
Ildong Pharmaceutical said Tuesday that it entered into a licensing agreement with Shionogi & Co., Ltd. on May 30 for the sale of pirfenidone in Korea on an exclusive basis.
Following the execution of agreement, Il...
