News About: Pharm. Industry
Pharmaceutical wholesalers seeking to maintain unified distribution channel
Local drug wholesalers are making all-out to advocate the exclusive role of wholesalers in the domestic drug logistics business amid opposition from the Korean Hospital Association.
They said consolidation of whole...
State-fund to be earmarked for pharmaceutical companies
A bill to foster global pharmaceutical firms through the creation of a large-scale R&D fund and offering various tax benefits to local companies will be submitted to the National Assembly after June 2 local elections,...
Green Cross gets WHO prequalification
Homegrown vaccine Greenflu-S has received the prequalification certification from the World Health Organization, Green Gross Corporation said on May 23.
According to Green Cross, the WHO will allow the Korean firm ...
Pharmacists seeking to designate associate wholesalers
The Korean Pharmaceutical Association says it will designate associate wholesalers per region in a bid to purchase drugs at lower prices and deal with returned goods.
The move came when the government announced a p...
130 items subject to small package system
Drug makers should manufacture a total of 130 drugs in small package to meet the demand from the Korean Pharmaceutical Association, according to the Korea Pharmaceutical Manufacturers Association.
Under the recent ...
M&As wave to galvanize Korean pharmaceutical industry
With domestic pharmaceutical markets to be affected by the government’s cash reward plan to doctors and pharmacists who refuse to take rebates and instead purchase medicines at lower prices, local leading drug manufac...
Korean medicines deemed inexpensive
A survey of 300 pharmaceutical active ingredients showed that Korean medicines are not expensive by global standards.
The Health Insurance Review & Assessment Service reported on May 19 that overall, prices of gene...
Dong-A moves to build drug plan in India
Dong-A Pharmaceutical Co. plans to build a pharmaceutical manufacturing plant in India
The company has been extensive research in the region for the possible site of producing its Zydena, a treatment for erectile ...
Boryung to receive PMS certification
Boryung Pharm said on May 20 that its management system has been investigated by the state-run Korea Production Center and will receive a Productivity Management System (PMS) certification for the first time in the lo...
Vaccines make Green Cross No. 1 drugmaker
Green Cross Corporation became the first biggest drug manufacturer in Korea in terms of quarterly revenue, as the outbreak of influenza A boosted demand for seasonal flu vaccines, according to Yakup Shinmoon.
Green...
