News About: Pharm. Industry
Samjin to export antiplatelet agent to overseas market
A Korean pharmaceutical company, Samjin Pharma, yesterday said it will export its antiplatelet agent containing clopidogrel hydrogen sulfate to China and the Philippines.
Under the agreement, Samjin will deliver US...
Korea urged to support production of generic drugs
The Korean government should work out measures to encourage pharmaceutical firms to develop more effective and cheaper drugs, strengthening the competitiveness of the country’s pharmaceutical industry, according to th...
Diverse patent strategies essential, foreign lawyer says
Korean drug companies who intend to make inroad to the U.S. market need to make a careful review on patents listed in the Orange Book (Approved Drug Products with Therapeutic Equivalence Evaluations) as part of plan t...
J&J Medical Korea selected as one of best employers in Korea
Johnson and Johnson Medical Korea says it has been selected as one of top ten best employers by Aon Hewitt in the 2011 Best Employers in Korea.
“The fact that J&J Medical Korea appear again on the 2011 lists indica...
Viagra patent set to expire in June
Pfizer’s blockbuster medication, Viagra, will see its patent expire in June this year, meaning that and the market becomes a free for all.
Local drug manufacturers are likely to produce sildenafil for a bigger pie....
Celltrion is spotlighted
Celltrion, the second largest KOSDAQ listed company, has been feted here in Korea, especially in the stock market as biosimilars are widely seen as a new engine of Korea’s economic growth. Samsung Group vowed to inves...
Market value of listed pharmaceutical firms tops 11.3 trillion won
The market value of 54 domestic pharmaceutical companies that went public on the local bourse reached 11.33 trillion won as of April 24 on the back of this year's bullish market run, showing a 687.8 billion loss compa...
Wyeth Korea recalls Tygacil 50mg
Wyeth Korea announced Friday it has voluntarily recall its imported glycylcycline antibiotic Tygacil 50 mg (batch No.: E23753) after the batch of the drug were found to contain a trace amount of ethylene glycol, which...
MSD Korea holds anti-baldness event
MSD Korea said it has held its internal event to help stave off baldness in men during the Easter period. The company distributed eggs including Ostrich eggs, drawing human face and hair of the head, to its employees ...
Drug makers spend 0.8% of revenue on entertainment
Details of entertainment spending revealed Friday show that the country's 106 pharmaceutical companies on average spend 0.82 percent of their annual revenue on entertainment and hospitality.
In its 2010 Pharmaceuti...
