News About: Pharm. Industry
CrystalGenomics joins hands with AstraZeneca
CrystalGenomics Inc., a local biopharmaceutical company, services, said on January 12 that it has signed a contract with AstraZeneca Plc to jointly develop a new antibiotic to treat superbacteria.
Financial terms o...
LG Life Sciences signs drug export deal
LG Life Sciences, a local drug maker, said on January 12 that it has signed a contract with a China pharmaceutical company to export a newly developed substance for a drug to cure diabetes.
The deal with Beijing D...
GSK, Myungin cooperate
GlaxoSmithKline has joined hands with Myungin Pharm to market Paxil controlled release (CR) tablet and Seroxat (paroxetine) tablet through the execution of a co-promotion agreement.
Under the agreement, GSK and My...
Sanofi Pasteur Korea launches DTaP-IPV combo vaccines
Sanofi Pasteur, the vaccines division of sanofi-aventis Group, says it has launched Tetraxim, a DTaP-IPV combined vaccine as a three-dose primary vaccination at 2, 4 and 6 months of age.
"Our DTaP vaccine will help...
Hanhwa veers into biosimilar market
Hanhwa Chemical, a unit of conglomerate Hanhwa, is entering the global bio-similar market together with Dream Pharma, a local biotech firm.
Hanwha is set to conduct Phase I trial of ‘HD203’ (etanercept) under the a...
5 drug suppliers to face punishment for false reporting of transaction
The Health Insurance Review and Assessment Service (HIRAS) announced on January 8 that it has discovered 5 drug suppliers who had made falsified reporting of drug dealings as a result of its inspection and will mete o...
Pharmaceutical salespersons struggling to boost sales in first half
Most of salespersons in pharmaceutical firms are renewing their efforts to boost the sales of pharmaceuticals in the first half of this year as they are no longer dependent on illegal rebate practices.
Many feel th...
US FDA approve Factive for cystitis indication
LG Life Sciences says that the United States Food and Drug Administration (FDA) approved its additional efficacy supplement for Factive (gemifloxacin mesylate) to treat cystitis, in adidition to mild-to-moderate commu...
Pharmaceutical industry, academia to cooperate on drug development
Pharmaceutical firms and professors of local pharmacy schools plan to expand cooperation in developing new drugs with market potential in the global arena, the Korea Pharmaceutical Manufacturers Association (KPMA) sai...
Ahngook takes over Biomedlap
Ahngook Pharm said on January 8 it has acquired Biomedlab Co., a local bioventure company focusing on the development of artificial heart, DNA chips, and other biomedical products since its establishment in 1994.
T...
