News About: Pharm. Industry


Novartis AG leads world’s pharmaceutical market by 2015

Novartis AG, one of the largest pharmaceutical companies in the world, is expected to play a pivotal role in its performance in the ethical pharmaceutical sector against key rivals, posting impressive forecast sales C...

CJ releases adefovir pivoxil in amorphous form

CJ Cheil Jedang says it has launched adefovir pivoxil in amorphous form, which does not infringe the original patent of GlaxoSmithKline. CJ’s new formulation is characterized by reverse chromatography and solid dis...

Boehringer Ingelheim Korea introduces Buscopan

The newly launched online website of Boeringer Ingelheim Korea has introduced convulsive stomach pain in more detail for its visitors. Its official website at http://edu.buscopan.co.kr provides information on the B...

Drugmakers enjoy few rewards for innovation

The main reason why companies want the pharmaceutical market and the pricing and reimbursement system to be predictable and transparent is that pharmaceutical R&D investment is very long-term and carries a significant...

Yuyu signs $3 million export deal over Maxmarvil

Yuyu Pharm said on June 28 it inked a $3 million export deal with an importer of Myanmar for its in-house developed osteoporosis drug Maxmarvil tablets (alendronate+calcitriol). “We believe that if Maxmarvil makes...

Cho nominated as President of Support Committee for IVI

Cho Dong-sung, incumbent professor of Seoul National University was nominated as new president of Support Committee for the International Vaccine Institute (IVI), it was learned on June 29. Cho will replace Lee San...

Hepatitis B market on hot competition

30-odd Korean companies are going to launch a generic version of Hepsera (adefovir dipivoxil) in July, thus shedding a red light on its competitive market. Dosed as one oral 10 mg tablet, once daily, adefovir dipiv...

Samsung teams up with Choong-wae

Samsung Electronics, a flagship unit of the country's top conglomerate Samsung Group, has formed a united front with Choong-wae Pharm in an effort to promote its newly developed blood-measuring device using Choong-wae...

Huons signs $5 million drug export deal

Local drug maker Huons Co. has signed a contract with an Iranian pharmaceutical company to export anti-arthritis drugs and local anesthetics. It is going to export $5 million's worth of finished drugs for the next ...

Bill to promote pharmaceutical industry approved

The National Assembly’s Health and Welfare Committee approved a revised bill to support the domestic pharmaceutical industry on June 28. The bill will be submitted to the National Assembly for approval as early as ...

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