News About: Pharm. Industry
Lee Seung-joo named R&D chief of Sanofi-AventisSanofi Aventis, a multinational company headquartered in France, has recently appointed Lee Seung-joo as its new director, responsible for taking charge of the Korean subsidiary...
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Multinational drug manufactures threaten to expand market share
Over the years, Korean firms have had to give up the home market to powerful global companies coming in with good medicine and better marketing strategies.
According to market experts who analyzed the recent Ubist ...
Combo pills perk up drug firms’ profits
It may soon become more common for patients with cholesterol problems and high blood pressure to treat both ills with one pill a day – a more convenient way to manage multiple medications, particularly for the elderly...
Hwail seeks overseas expansion
Hwail Pharm is ramping up its overseas expansion drive through auto sales in the Middle East, with the aim of diversifying its business.
The company said in a recent regulatory filing that it entered into an agree...
Clearing US biosimilar pathway hurdles is expected to be an arduous exercise
Biosimilar development is riddled with complexities, ranging from regulatory, to manufacturing to marketing, and is one of the most expensive propositions in the pharmaceutical industry.
On March 23, 2010, Presiden...
Choong-wae opens biggest cGMP plant
Choong-wae Pharm will start operation of a state-of-art cGMP plant from August in Dangjin of South Chungcheong Province that will produce a total of 1.5 billion drugs, including 130 million liquid forms, 1.35 billion ...
Bracco Imaging sets up Korean unit
Italy based Bracco Imaging, a worldwide provider of diagnostic imaging solutions, said it has established its Korean unit Bracco Imaging Korea.
The Korean unit will market X-Ray Imaging (conventional X-Ray and Comp...
Careful approaches needed over two-way sanctions
The government has submitted a relevant bill to the National Assembly to establish the legal grounds to suspend the licenses of doctors who take the money for up to one year.
Under the new rules, doctors, pharmaci...
KPMA to comply with complaints of small package system
The Korea Pharmaceutical Manufacturer Association said it will extend the period of its test-run system to deal with any complaints associated with small drug package system in a bid to make it “better” for both manuf...
Non-members of KPMA urged to abide by new fair trade code
Pharmaceutical companies which do not belong to the Korea Pharmaceutical Manufacturers Association will also have to undergo an association review when donating to hospitals under the new detailed standards defining r...
