News About: Pharm. Industry
GSK to increase R&D spending in Korea
The U.K. based GlaxoSmithKline plans to increase its investment to develop new drugs in Korea because its Korean operation carries out an increasing number of multinational clinical tests, and because GSK is already p...
US midterm elections results 2010 likely to affect local biosimilars
Since the Republicans registered thumping victories in congressional elections, they have intensified their opposition to President Barack Obama’s healthcare reform of 2010. GOP leaders have again started speaking abo...
Korea may speed development of new drugs
Local drugmakers should focus on lead compounds that have been discontinued in early clinical stage, to elevate the success rate of new drugs’ development, said a local professor.
In a scientific seminar, Professor...
KPMA urged to recruit competent executives
The Korea Pharmaceutical Manufacturers Association (KPMA) needs to select its planned executives to take charge of planning and strategy unit as soon as possible, according to market insiders.
Despite its recruitme...
US FDA approves Korean interferon alpha
Hanall Biopharma has recently announced it has received approval from the U.S. Food and Drug Administration to conduct phase II clinical trial of HanferonTM Inj. (interferon alpha) for the treatment of hepatitis C.
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Lipitor thrones No. 1 medicine
Pfizer’s Lipitor is enjoying brisk sales in the domestic ‘statin’ market.
Sales of Lipitor reached over 20 billion won every quarter, making it one of the top-selling drugs in the country, according to Ubist. Last ...
Downsizing to sweep foreign-invested pharmaceutical companies and distributors
Some of foreign-invested pharmaceutical and logistic companies are expected to be the next targets for downsizing this year.
Zuellig Pharma Korea plans to lay off 24 salespersons due to severing with local large wh...
Choong-wae Holdings sells its 33.75% stake to affiliated company
Choong-wae Holdings transferred a 33.75 percent stake to its affiliated company Choong-wae, according to the Financial Supervisory Service (FSS).
The company held a board of directors' meeting on November 3, and de...
TNT Korea opens healthcare center
TNT Korea, a Korean unit of TNT Express headquartered in the Netherlands and one of the world’s leading delivery companies, said on November 1 that it has opened its new healthcare center in Seoul.
The center provi...
Medipost to conduct first clinical trial of stem cell therapy
Medipost Co., Ltd., one of the nation’s leading bioengineering firms, said on November 2 that it will conduct its Phase I clinical trial of Neurostem, a placenta based embryonic stem cell, for treatment of Alzheimer’s...
