News About: Pharm. Industry


Alliance with AstraZeneca Korea positive for Green Cross

Green Cross Corp. said Friday it has signed an agreement with AstraZeneca Korea to co-market Atacand (candesartan cilexetil), angiotensin II receptor antagonist used mainly for the treatment of hypertension. Analys...

Radiation unlikely to affect imported APIs through Japan

The news of radioactive-contaminated spinach and milk produced near the nuclear plants in Japan has further fanned fears of radiation-tainted foods among local consumers. Considerable fear of radioactive contaminat...

Green Cross gets AAALAC International

Green Gross Corp. says its animal care facility and test related programs in Ochang, North Chungcheng Province, has received AAALAC International certification. AAALAC stands for Association for Assessment and Accredi...

SK Chemicals breaks ground for new factory

SK Chemicals broke ground on Thursday for new solid-form production lines in Chungju, North Chungcheong Province, just next to its existing factory. The company announced that it plans to channel 50 billion won in...

Sales of 71 pharmaceutical firms total 10.9 trillion won in 2010

The combined sales of 71 pharmaceutical manufacturers and 78 wholesalers marked 10.9 trillion won and 7.9 trillion won last year, respectively, according to data released by the Korea Tax Union (KTU). Of the 71 dru...

Leading drugmakers in race for domestic pharmaceutical market

The major drug manufacturers are vying for a bigger share of the domestic market. These leading pharmaceutical firms, grappling with the government’s policy to abandon rebates, seek to offset part of their dwindlin...

Daewoong, Janssen Korea team up for Ultracet ER tablets

Daewoong Pharmaceutical and Janssen Korea are joining forces in the domestic painkiller market. The two companies signed an agreement Wednesday under which Daewoong will market Janssen’s Ultracet ER tablets. Ana...

Merck-Serono to launch clinic sales for Concor tablets

Merck Serono has a plan to set up its clinic teams to independently market Concor tablets (bisoprolol fumarate) in major five cities, such as Seoul, Pusan, Daegu, Daejeon and Honam. So far, JW Pharma has co-markete...

Shinpoong to launch new malaria drug

Shinpoong Pharmaceutical says it will release a new malaria drug Pyramax in the world pharmaceutical market as the company completed the Phase III trial. So far, Shinpong and Medicines for Malaria Venture (MMW) hav...

Pharmaceutical companies eyes multiple businesses

Domestic drug makers will move into other areas of business in a bid to find new sources of income and create positive synergy effects with existing units. Dong-A Pharmaceutical said it will engage in real estate b...

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