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Sales of vitamins in convenience store exceeded sales of vitamins in pharmacy

It was reported that sales of vitamins in convenience store exceeded sales of vitamins in pharmacy. The sales of GNC vitamin in the first half of this year which are sold in GS25 increased by 23.8% compared to the sec...

On August 20, KPWA hold a public forum with the theme of 'Are the distribution costs of pharmaceutical companies okay anyway?

On August 20, the Korea Pharmaceutical Wholesaler Association (KPWA) hold a public forum with the theme of 'Are the distribution costs of pharmaceutical companies okay anyway?' In the forum, the result of study for p...

Ministry of Health and Welfare announced to implement 'Medicine serial number system' in next January

On August 7, Ministry of Health and Welfare announced that they will implement 'Medicine serial number system' in next January. 'Medicine serial number system' is for the safe use of medicines such as transparency of...

Celgene Korea received sales approval of multiple myeloma treatment 'Pomalyst'

On August 4, Celgene Korea, a global pharmaceutical company specializing in cancer areas received sales approval of multiple myeloma treatment 'Pomalyst (ingredient pomalidomide)' from the Ministry of Food and Drug Sa...

It was identified that public advertising expenses of pharmaceutical companies showed negative growth compared to the same period last year

According to the compiled result of 'Public advertising status of pharmaceutical company in the first half of 2014' based on 'Monthly advertising trends' (source Nielsen Korea) of Korea Federation of Advertising Assoc...

Most of domestic companies are in the process of clinical trial of quadrivalent vaccines, and only GSK requested sales of quadrivalent vaccine 'Fluarix'

Recently, people are paying attention to whether quadrivalent influenza vaccine will be released in this season or not, because WHO's prediction about endemic influenza virus often turned out to be wrong. Currently, ...

Alvogen announced to acquire Dream Pharma with 194.5 billion won in cash through its subsidiary Kunwha Pharmaceutical

Alvogen announced that they confirmed to acquire Dream Pharma with 194.5 billion won in cash through its subsidiary company Kunwha Pharmaceutical. The official procedure is expected to be completed in the fourth quart...

Health functional food recorded total sales of 1.482 trillion won which increased by 5%

Ministry of Food and Drug Safety announced that according to the analysis of '2013 Health Functional Food Production' result, they recorded total sales of 1.482 trillion won which increased by 5% compared to 1.4091 tr...

The amount of drug export in June was $ 169.6 million which is the biggest of all time

The amount of drug export in June was $ 169.6 million which increased 21.7% YoY. According to recently released data from Shinhan Financial investments, it was identified that the amount of drug export in the second ...

Cilais consolidated its position as a leader in the market of erectile dysfunction treatment

According to IMS data, it was identified that prescription cost of Cialis in the first quarter of 2014 was 6.31 billion won. It maintained erectile dysfunction drug market share of 26.2% in the first quarter of this y...

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