News About: Pharm. Industry
Drug vendors total 2,091
A total of 2,091 distributors are engaged in the domestic logistics market for finished pharmaceuticals as of this February, the Health Insurance Review and Assessment Service (HIRAS) said on March 7.
By business c...
Ilyang to export ginseng drink to Taiwan
Ilyang Pharm said on March 8 that it has signed a contract with a Taiwan-based food maker for the export of its ginseng drink Wonbi-D for the first time since Korea and Taiwan severed their diplomatic relations in 199...
Plan to elect KPMA head hits snag
The Korea Pharmaceutical Manufacturers Association, the business lobby group, says its plan to elect a president of its newly established 7-memeber emergency committee is expected to be delayed for the time being.
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Brand building tools in men’s impotence – storytelling naming
There are various tools used by the marketers to build their brands for the treatment of men’s impotence. In early days, TV advertisement was the most effective brand building tool as there were very few TV channels a...
Lilly Korea holds 3!6!DAY
Lilly Korea said it has recently held its in-house event “2010 3!6!DAY" for the company's impotence drug Cialis, stressing Cialis's marketing motto "fast and long efficacy for 36 hours.”
The Korean branch of multin...
Government to order replacement of Joins related ingredients
The Korea Food and Drug Administration will ask two local drug ingredient manufacturers to replace the Chinese supplier of SK Chemicals’ Joins related raw materials in a move to protect consumers from the substandard ...
Diet supplements increasingly popular
The local dietary supplement market has been briskly expanded for the last five years thanks to increasing number of health-conscious Koreans, according to the Korea Food and Drug Administration.
The drug agency sa...
Choong-wae to export imipenem antibiotics to China
Choong-wae Holdings said on March 3 it has signed an agreement with Tianjin Huaya Pharma of China to export its imipenem antibiotics, Pripenem, to China for the next three years.
Imipenem is a broad-spectrum antibi...
Boryung files drug application for novel antihypertensive agent
Boryung Pharmaceutical Co., one of Korea's largest pharmaceutical companies, said on March 3 that it has filed an application of a new antihypertensive drug (fimasartan) to the Korea Food and Drug Administration.
F...
KPMA yet to nominate head of emergency committee
The Korea Pharmaceutical Manufacturers Association (KPMA), in the top executive and advisory group meeting on March 3, failed to elect a head of the emergency committee.
In a press conference, Yoon Suck-keun, an ac...