News About: Pharm. Industry


Takeda holds inauguration ceremony in Korea

Takeda Pharma Korea held an inauguration ceremony Tuesday at the Grand Intercontinental Hotel in Seoul, officially becoming the Korean unit of Takeda Pharmaceutical Company. Takeda established it Korean commercial ...

Astellas Pharma Korea, wholesalers to strengthen partnership

Astellas Pharma Korea and wholesalers agreed on Tuesday to seek ways to tighten their cooperation on local logistics business, the Korea Pharmaceutical Wholesaler Association said. Astellas President Chung Hae-do a...

Boehringer Ingelheim Korea, Daewoong seek to boost tie-ups

Boehringer Ingelheim Korea and Daewoong Pharmaceutical hold a Brand Convention of the former’s OTC products Friday on Sheraton Walkerhill Hotel. In the ceremony to celebrate an one-year cooperation, representatives...

Nonlisted firms’ net profit 38% up in 2010

Korea’s nonlisted pharmaceutical companies saw their earnings surge 38 percent on-year in 2010 thanks to growing demand, a report showed recently. The combined sales of 54 firms unlisted on the main bourse posted a...

Pharmaceutical wholesalers’ sales up but profits down

Yakup Shinmoon said Tuesday that the revenues of 93 wholesalers were up but their operating profits and net profits were down last year. According to data compiled by the trade paper, the combined sales of these wh...

Zuellig Pharma Korea discloses main warehouse in Hwasung

Zuellig Pharma, a regional distributor of pharmaceutical and health care products, made public on Tuesday its main logistics center in Hwasung, Suwon City of Kyunggi Province, since it established a subsidiary in Kore...

Handok to expand Amaryl M production capacity

Handok Pharmaceutical said recently that it has invested 20 billion won on remodeling a plant in Eumsung of North Chungcheng Province to expand its output capacity of Amaryl M, generic version of Amaryl and and the le...

Operating profits of multinational firms decline

Overall, the operating profits of 15 multinational pharmaceutical manufacturers here declined significantly in 2010, according to Yakup Shinmoon (www.yakup.com). The trade paper reported that five foreign drugmaker...

Bacchus will benefit from non-drug store sales, analyst say

Dong-A Pharmaceutical will be quite happy with the deregulation for the sale of over-the-counter drugs at convenient stores and supermarkets, as it could widen the sales network and lower their entry barriers to the m...

Ilyang opens biggest vaccine plant

Ilyang Pharmaceutical Co. said it has completed its vaccine plant with an annual egg-based production capacity of 60 million doses of influenza vaccine in Jecheon, North Chungcheong Province. A completion ceremony ...

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