News About: Pharm. Industry
Ildong changes fiscal year
Ildong Pharm said on June 28 it has decided to change its fiscal year from March to December.
During the shareholders’ meeting, officials said the company achieved 316.6 billion won in sales with net income of 31....
MSD to join hands with Jeil
MSD Korea and Jeil Pharm agreed to promote the joint marketing of Proscar (finasteride) and Andriol Testocaps, it was learned on June 24.
We are delighted that MSD shares our objective to provide therapeutic option...
Korea’s leading drugmakers hit by sluggish sales
Influenced by anti-rebate sales policies, domestic leading pharmaceutical firms, Dong-A Pharm, Hanmi Pharm, Daewoong Pharm and Yuhan Corp., saw their monthly sales plunge, according to pharmaceutical business sources....
Assembly panel passes bill on nurturing of local pharmaceutical industry
The Health and Welfare Committee of the National Assembly passed a bill on June 24 aimed at backing domestic drug firms.
Lawmakers agreed on the need for supporting Korean pharmaceutical firms to develop homegrown ...
Green Cross to release once-daily transdermal sustained-release patch
Green Cross Corporation says it will exclusively distribute a transdermal patch preparation of the β2-adrenoceptor agonist (β2-agonist) tulobuterol from June 28.
Company officials said the tulobuterol patch will be...
Drugmakers, doctors to cooperate
Cooperation between pharmaceutical firms and doctors is picking up, with efforts being made to cope with doctor’s antipathy against leading Korean drugmakers over the crackdown of doctors and pharmacists who receive w...
Drug waste to be collected by pharmaceutical firms
Korea introduced a set of measures on June 23 to contain the disposal of drug waste throughout the country.
Starting July 1 next year, pharmaceutical companies will be obliged to collect drug waste from homes and o...
Leading drugmakers joins forces with foreign R&D organizations
To seek new growth amid tight competition, more and more local drug makers are teaming up with foreign enterprises for joint tech development. For pharmaceutical companies that lack knowledge and skills, cooperating w...
Drug manufacturers blamed for soaring prices
Rising OTC drug prices have triggered speculation that businesses are taking advantage of the latest inflationary pressures stemming from rising raw material costs to boost their prices.
For vitamin preparations, ...
KPMA to pick vice chairman
The Korea Pharmaceutical Manufacturers Association says it will pick its vice chairman.
Rumors have surfaced that two or three candidates are vying in the nomination.
Many say the new vice chairman should do his...
