News About: Pharm. Industry
Market Access Korea: Breaking into the Developed World’s Fastest Growing Pharmaceutical Market
South Korea as a country has been an economic success story and the origin of much cutting edge technology, but its pharmaceutical market can now also be given Asian tiger status, according to a report published in No...
Medison takes lead in medical infrastructure of Indonesia
Medison Co., Korea’s industry-leading manufacturer of diagnostic ultrasound systems, has stepped up efforts to expand the scope of its role in Indonesia by actively participating in the Indonesian government-initiated...
Tozai Holdings to supply PRP kits to Huons
Tozai Holdings, a holding company of Medisarang, announced on November 17 that it has signed an exclusive distribution agreement with Huons to supply 2 billion won worth of PRP (platelet rich plasma) kits for the next...
Ildong wins Korean patents for antihypertensive agents
Ildong Pharm said on November 16 that it acquired from the Korean Intellectual Property Office two patents for candesartan cilexetil and valsartan, respectively, for the treatment of hypertension.
The two patents r...
Rebate ban to roil drug industry
The performance of Korean pharmaceutical companies have been and will be affected by the government’s policy to abandon “rebates” ― a kind of kickback given by drug companies to pharmacies, clinics and hospitals for b...
Green Cross Holdings reports record operating profit for 9 months
Samsung Electronics recorded the highest-ever operating profit of 79.2 billion won for the nine months of this year, mostly due to sales increases in its affiliated companies, such as Green Cross Corporation and Green...
Huons revenues increase 15% in third quarter
Huons Co.’s third quarter sales increased by 15 percent, compared to the same period last year, the company said in a regulatory filing on November 15.
With the increase seen in the third quarter of this year from ...
Functional food makers eye herbal food sector
Influenced by overall sluggish sales of functional foods except for red ginseng and natural vitamins, leading functional food manufacturers have focused on the development of herbs based foods.
Earlier this month, ...
Yuyu seeking to boost sales of Umckamin syrup
Yuyu Pharm said on November 13 it has held a marketing campaign to boost the sales of Umckamin syrup (Pelargonium sidoides extract) and nasal wash Physiomer.
Developed by Schwabe Co. in Germany, Umckamin syrup is e...
Can Korea’s biosimilar project stay afloat?
Influenced by US midterm elections results 2010 that the Republicans registered thumping victories in congressional elections and they have intensified their opposition to President Barack Obama’s healthcare reform of...
