News About: Pharm. Industry
Dong-A crowned with top prescription drug company
Dong-A Pharmaceutical posted the highest revenue in Korea’s prescription drug market last year, with 471.6 billion won in terms of EDI claims, according to the Health Insurance Review and Assessment Service.
Thanks...
Price of Glivec reduced by 3.6%
Health Insurance Review and Assessment Service said Monday the price of Glivec 100 mg was lowed up to 3.6 percent, to 22,214 won from 23,044 won last year.
For the assessment and cutbacks of the drug prices the dru...
Handok, Fresenius Kabi to join forces in oncology field
Handok Pharm said Friday it has signed an exclusive distribution agreement with Fresenius Kabi Korea to sell the latter’s four oncology products, including irinotecan and oxaliplatin, here in Korea.
Under the agree...
National Assembly passes bill to promote pharmaceutical industry
The National Assembly Thursday passed a bill aimed at nurturing the domestic pharmaceutical industry.
The approved bill is expected to provide tax breaks and other incentives to make local pharmaceutical firms more...
Domestic drugmakers eye price hike of OTC drugs
Korean companies are considering a price hike of their over-the-counter drugs in order to make up for their margins lost by rising import prices, industry sources said recently.
“The faster rise in import prices is...
Dong-A, GSK expand cooperation
Dong-A Pharmaceutical and GlaxoSmithKline (GSK), the world’s third largest pharmaceutical firm by revenue, have recently agreed to further expand their strategic cooperation as the former is expected to sell GSK’s Pol...
Three leading drug makers spend 89 billion won on promotion
Details of drug company spending revealed recently show that the combined marketing and hospitality expenditure of the country's top three pharmaceutical companies – Dong-A Pharmaceutical, Green Cross Corp. and Yuhan ...
Multinational firms to lead win-win relations with wholesalers
One of the issues for the domestic pharmaceutical industry has been how to chalk up mutual growth at both the country’s foreign-invested pharmaceutical firms and wholesalers.
The problem surfaced as wholesalers hav...
60% of Koreans prefer pharmacists’ recommendation on OTC selection
Almost six out of every 10 Korean people consider pharmacists’ recommendation essential when they buy over-the-counter products, a survey released recently showed.
In the survey by the media research company Nielse...
Boehringer Ingelheim releases female painkiller pill
Boehringer Ingelheim Korea says it has rolled out Eve Quick, an analgesic for the relief of pain in women.
Eve Quick with active ingredient ibuprofen is available at pharmacy without doctor’s prescription. It also ...
