News About: Pharm. Industry
Foreign drugmakers record average 4% sales rise in 2010
Sales of 11 multinational drug manufacturers in Korea rose average 4 percent last year, according to Yakup Shinmoon.
The trade paper reported that UCB Korea’s sales recorded a whopping 40 percent rise from a year e...
Dong-A, GSK to exchange their product in May
From next month, Dong-A Pharmaceutical will promote GlaxoSmithKline (GSK)’s healthcare products Polydent and Sensodyne, while GSK will also promote Dong-A’s Garglin, according to market watchers.
The exchange plan ...
Chain pharmacy firms’ sales jump 17% in 2010
Korea’s three leading chain pharmacy firms saw their average earnings surge 17 percent on-year thanks to a recovery in domestic demand, a report showed Sunday.
The sales of WithPharm rose 29% on-year to 89.6 billio...
Multinational drugmakers worry over rebate crackdown
As Ulsan Metropolitan Police Agency has launched its intensive crackdown on illegal rebate, some of multinational firms are worrying about the possibility that they are in the list of donors who offered drug kickbacks...
102 doctors under probe for drug kickbacks
Ulsan Metropolitan Police Agency Thursday started its investigation into 102 suspected doctors who received illegal rebate or drug kickbacks from 15 pharmaceutical firms,
The police agency also said it arrested 3 ...
Government probes illegal rebate activities over pharmacies and wholesalers
The goverment has embarked on looking into widespread kickbacks between pharmaceutical firms, and hospitals and pharmacies.
The Ministry of Health and Welfare said Tuesday it will join hands with the Korea Food and...
Pharmaceutical firms to face probe over rebates
As the government’s joint investigation team has launched an intensive investigation into widespread kickbacks at pharmacies and wholesalers, there are growing concerns in the industry that the government could scruti...
Noh Yong-kap named co-president of Hanmi Pharma
Hanmi Pharmaceutical tapped Noh Yong-kap to become its co-president.
Noh, 53, incumbent president of Hanmi Medicare, joined Hanmi in 2005 as a marketing expert.
Noh will be in charge of sales and market division...
KPMA offers relief aid to Japanese quake victims
The Korea Pharmaceutical Manufacturers Association, Korea’s business lobby group, entrusted 246 million won to the Korea Broadcasting System to help relief efforts in the neighboring country.
“As Japan is now under...
19 CEOs at pharmaceutical firms come from pharmacy college
A total of 19 presidents at 78 pharmaceutical firms listed in the Korea Exchange have a bachelor’s diploma at pharmacy college, according to Yakup Shinmoon,
The average age at the current CEO position was in the rang...
