News About: Pharm. Industry
Wholesalers call for permission of promotional expense
Pharmaceutical wholesalers have claimed leniency was given to foreign companies.
“The current fair trade act doesn't appear to be fair enough,” a senior wholesaler said.
“Under the current regulation, the sellin...
Samil, Allergan to establish new JV company
Samil Pharm announced on June 7 that it signed an agreement with the U.S.-based Allergan Pharmaceuticals to establish “Samil-Allergan Limited Company”, to expand the eye care business in Korea.
Under the agreement,...
Quinvaxem ranks first in leading 100 drugs in 2008
Berna Biotech Korea’s Quinvaxem inj. placed the first rank in top 100 drugs last year, according to data released by the Korea Pharmaceutical Manufacturers Association.
Quinvaxem garnered 163.7 billion won, up 100....
Dong-A sees 200 billion in Q2 sales
Dong-A Pharm’s sales are expected to surge up to 200 billion won in the second quarter of this year for the first time, according to market analysts.
The second-quarter sales figure reflects a sharp increase from 1...
Handok eyes generic drug market
Handok Pharm is seeking an opportunity to make money in the lucrative generic drug market, through its generic drug subsidiary Handok Human Health.
Established in 2006, Handok Human Health will market off-patent m...
3 in 10 liver cancer patients spends more than 1 million won per month
More than 1 million won is spent per month to treat a patient with liver cancer, according to Bayer Healthcare.
The company conducted a study on 101 patients who visited 12 hospitals nationwide.
According to the...
Antiperspirant market contested by 3 Korean firms
Business sources say the domestic antiperspirant market has emerged as an arena of tripartite competition among three local manufacturers – Sungkwang Pham, Shinshin Pharm and Taejeon.
Now that Stiefel’s Driclor, a ...
Drug sales through online shopping malls up
The cyber market being operated by some drug wholesalers have been successful as demonstrated by the fact that sales of drugs through e-commerce trade have been expanding rapidly.
The online shopping malls provide ...
90 companies apply for smart project
A total of 90 Korean firms applied for the government’s new growth engine smart project aiming to promote the nation’s biotechnology sector, according to the Ministry of Knowledge Economy.
They are seeking to condu...
Cho-A gear up for sports marketing
Cho-A Pharm, Korea’s small-sized drugmaker, has been putting more and more efforts into sports marketing in a bold step to raise sales on the domestic OTC market.
Sports marketing refers to the specific application...
