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Chief Executive Officer of Teva-Handok, Hong Yoo-Suk was elected as a president of GSK Korea

Chief Executive Officer of Teva-Handok, Hong Yoo-Suk was elected as a president of GSK Korea. Kim Jin-ho, the current representative director of GlaxoSmithKline Korea was elected as chairman. Chairman Kim Jin-ho was ...

Wholesaler companies are sympathetic to their difficulty in business due to low distribution margin, but when look in the inside, each company does not share the same interest

Conflict between multinational pharmaceutical company and wholesaler industry on the problem of medicine distribution margin has continued since the end of last year.  Pharmaceutical wholesale industry claims distribu...

It is identified that 2~3 cases of M ​​& A between pharmaceutical companies are taking place

On July 21, according to the related industry, it is identified that 2~3 cases of M ​​& A between pharmaceutical companies are taking place under the surface of the water. One industry official said, "There are incre...

The number of pharmaceutical companies which produce drug product decreased, but the number of companies which produce quasi drug increased

It was identified that last year, the number of pharmaceutical companies which produce drug product decreased, but the number of companies which produce quasi drug increased. According to the 'Productivity performanc...

Korea Pharmaceutical Manufacturers Association will hold 'ethics charter proclamation ceremony' which contains their will to eradicate illegal kickback

On July 23, Korea Pharmaceutical Manufacturers Association holds extraordinary General Meeting and has 'ethics charter proclamation ceremony' which contains their will to eradicate illegal kickback. It was known that ...

Prescription cost ranking in the first half of 2014 fluctuated greatly

On July 20, according to the pharmaceutical industry, prescription cost ranking in the first half of 2014 fluctuated greatly. Olmetec 20mg tablet ranked no.20 last year but no.38 this year. Exforge 5/160mg tablet ran...

Government presented global market expansion strategy to become the seven bio-power in 2020

On July 17, government held the 11th National Science and Technology Advisory Council, and presented global market expansion strategy to become the seven bio-power in 2020. For the entry into global market, they emph...

Ministry of Food and Drug Safety revealed specific plans about Pharm Navi project for rapid commercialization of new medicines developed in domestic

On July 17, Ministry of Food and Drug Safety revealed specific plans about Pharm Navi project implementation which is for rapid commercialization of new medicines developed in domestic and supporting global expansion....

GSK's asthma and COPD treatment 'Relvar Ellipta’ received sales approval from the Ministry of Food and Drug Safety

GSK's asthma and chronic obstructive pulmonary disease (COPD) treatment 'Relvar Ellipta (fluticasone furoate + vilanterol), received sales approval from the Ministry of Food and Drug Safety. 'Relvar' is composed of i...

Exports of pharmaceutical production facility are being visualized in succession

Exports of pharmaceutical production facility are being visualized in succession. It is receiving the attention as a new route of creating profit. First, Korea United Pharmaceutical constructed pharmaceutical manufac...

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