News About: Pharm. Industry
KPMA voices strong opposition to government's generic price-cut proposal
The industry association of domestic drug makers, the Korea Pharmaceutical Manufacturers Association (KPMA), has repeatedly stressed on its opposition against the government's price-cutting attempt.
The KPMA noted ...
Daewoong Bio completes largest GMP plant
Daewoong Bio, the nation’s leading pharmaceutical bulk prouder, announced Wednesday that it has completed construction of the largest cCMP plant in Hwasung, Kyunggi Province, in a move that will help the firm boost pr...
Annual per capita sales top 292 million won
Annual per capita turnover at 106 pharmaceutical firms stood at 292 million won, according to data released by Yakup Shinmoon.
According to the data, these companies have 38,661 employees and their combined sales h...
Korea to ratify EU FTA
A National Assembly committee will table a ratification motion for the free trade agreement (FTA) between Korea and the European Union (EU) on April 28, moving an inch closer to concluding four years of negotiations w...
Non-listed pharmaceutical firms’ annual per-capita turnover tops 260 million won
Domestic non-listed pharmaceutical producers’ annual per capita sale hovered at 260 million won on average, according to Yakup Shinmoon Friday.
Out of 57 non-listed pharmaceutical companies, the highest annual per ...
Samil-Allergan under fire over steroid eye drop
Samil-Allergan has been criticized for shady collusion with some drugstores for its Forus (antiseptics with steroids) eye drop.
The company said Tuesday it has already informed doctors that Forus should not be pres...
Strong results seen for combination hypertensive drugs in March
Ubist said recently that combination hypertensive medicines showed strong performances last month on rising demand.
Sales of Novartis’s Exforge (amlodipine plus valsartan) rose 19.7 percent to 5.9 billion won in Ma...
Korean doctor to lead IFAPP
The International Federation of Association of Pharmaceutical Physicians (IFAPP) said Sunday it has appointed Lee Il-seob, incumbent vice president of GlaxoSmithKline’s Korean unit, as its new chairman, effective Jan....
Multinational firms’ sell 5 trillion worth pharmaceuticals in 2010
Korea’s multinational drug manufacturers saw their sales rise 8 percent on-year in 2010 thanks to an increase in domestic demand, a report showed recently.
The total sales of 31 foreign-invested pharmaceutical firm...
Pharmaceutical firms unlikely to benefit from OTC sales in supermarkets
With mounting outcry of the civic groups which have demanded the health ministry allow the sale of OTC drugs at convenience stores, the government is expected to announce its plan to upgrade the local service market, ...
