News About: Pharm. Industry
Battle gets fierce in domestic market
Sandoz Korea will wage fiercer campaigns to raise market share of Olazapine, generic version of Lilly’s Zyprexa.
Sandoz ranks among the leading generic and specialty pharmaceutical companies in the world and provid...
Dong-A crowned as top drug maker
Dong-A Pharmaceutical has boasted the highest annual revenue in Korea’s competitive pharmaceutical market for the last 40 years. But last year, the company’s market leadership was being challenged by rival Green Cross...
Adefovir generics market warming up
Korean leading pharmaceutical companies, including Bukwang, CJ Cheil Jedang and Chong Kun Dang Pharmaceutical, are stepping up their marketing in Adefovir generic market here, which is forecast to become more competit...
Kim likely to succeed Park Jae-don
Kim Myung-Seob, Chairman of Guju Pharmaceutical Co., is likely to be tapped to succeed Park Jae-don to become the next president of Korea Pharmaceutical Industry Cooperative, a business lobby group for small- and medi...
Handok targets 353 billion won in sales this year
Handok Pharmaceutical aims to achieve 351.3 billion won in this year’s sales with the intention of emerging as one of the best-performing companies here, a company executive said.
“We will achieve the sales target ...
Fair trade regulations in drug industry unveiled
The Korea Pharmaceutical Manufacturers Association has recently announced that it has clarified the definition of rebate activities based on the fair trade code by the Fair Trade Commission, which was newly revised da...
Whanin, Sandoz Korea to join forces in generic drugs
Whanin Pharmaceutical and Sandoz Korea hae agreed to join hands to co-promote the latter’s three products including Sertraline tablets and Par9xetine tablets.
“The alliance will provide both firms to further cooper...
Novartis files 59 trademarks in 2010
Novartis filed a total of 59 trademarks here, Korea Property Intellectual Office (KIPO) said Wednesday.
Of the foreign trademarks filings last year, Sanofi-Aventis and Boehringer Ingelgeim accounted for 36 cases an...
Electronic coding boosts transparency in drug distribution
Radio frequency identification (RFID) system can help improve transparency in drug distribution and inventory control, according to Hanmi Pharmaceutical Co.
The company has introduced the electronic coding of 470 p...
Leading pharmaceutical firms urged to lead initiatives over illegal rebate
The pharmaceutical industry has never really had a good reputation, either here or elsewhere. Behind the life-curing business are heavy lobbying, dirty politics and giant rebates for favorite buyers, all of which is r...
