News About: Pharm. Industry
Small drugmakers cut back pharmacy operations
Small- and medium-sized pharmaceutical firms are reinitiating their business with wholesalers by pulling out their direct pharmacy operations.
The main reason for their exit was the gloomy outlook on pharmacy marke...
Multinational companies spur OTC strategies
Some multinational firms here are focusing more and more on over-the-counter promotion strategies to overcome difficulties in domestic markets, as they witness a fruitful outcome.
Facing such difficulties as regula...
Bill to nurture pharmaceutical industry should be passed earlier, experts say
The National Assembly will have to pass the pending bill to nurture the local pharmaceutical industry in order to make domestic drug makers more globally competitive as part of efforts to foster the industry as one of...
Relocation of pharmaceutical firms hits snag
The government has a plan establish medi-clusters in Ohsung, North Chungchong Province, to link medical treatments at hospitals with research and development of medicines and other pharmaceutical products, but a major...
Some of Alesse birth pills to be withdrawn
Wyeth Korea said it has decided to withdraw some of Alesse birth pills (batch No.: E12722, shelf life: May 14, 2011) voluntarily from the market as an insert paper was not contained in the product.
The withdrawal c...
Handok Pharma receives Frost & Sullivan awards
Handok Pharmaceutical Co. says it has been named the 2010 Asia Pacific Frost & Sullivan Diabetes Therapeutics Company of the Year Award by the consulting firm Frost & Sullivan in recognition of its strategic initiativ...
Dongwha gearing up for overseas expansion
Dongwha Pharmaceutical Co. is gearing up for its expansion of active pharmaceutical ingredients (APIs) in European countries.
The company says its pantoprazole has received GMP (Good Manufacturing Practice) certifi...
Pharmaceutical firms conduct major CEO shakeups
Domestic pharmaceutical companies, such as LG Life Sciences, Hanmi Pharmaceutical and Pacific Pharmaceutical, conducted their major reshuffles of top executives, which can also be considered a generation shift and pro...
Who will be nominated as KPMA vice president?
Keen attention has been focused on the next vice president of the Korea Pharmaceutical Manufacturers Association.
The board of directors meeting held yesterday did not consult with the nomination, as the issue seem...
Regulator to probe dumping practice in hospital bidding
The government is expected to investigate hospitals’ drug bidding, amid accusations that drugmakers and wholesalers are impeding fair competition.
Rumors have spread that dumping acts were rampant in local universi...
