News About: Pharm. Industry
GCC to produce new flu vaccine in October
Green Cross Corporation, a local pharmaceutical company, has started the test production of new influenza A vaccine after receiving the sample virus from the World Health Organization.
The company plans to produce ...
Kim to head CJ Pharmaceutical business unit
CJ Cheil Jedang has appointed Kim Hong-chang, incumbent vice president of its new material and bio business sector, to the post of CJ Pharmaceutical business head as of July 1.
Kim will succeed ex-CEO Sohn Kyung-0h...
So named sales chief of Sam-A Pharm
Sam-A Pharm has appointed So Yong-soon, former sales director of Daewoong Pharm, to head its sales and marketing unit as of July 1.
Kim built up a distinguished sales career in Roche Korea for more than 20 years.
...
Ildong shareholders voted against Ahn nominees
Ildong Pharm announced on June 29 that shareholders voted against the election of the second-largest shareholder Ahn Hee-tae nominees at the regular shareholders meeting.
Many shareholders said that electing the di...
Weight control drugs on hot market competition
Leading Korean companies, including Ilsung Pharm and Chong Kun Dang Pharm, have recently launched weight control drugs, which were formulated with a modified or generic ingredient that had kept enjoying its weight con...
Handok releases once daily Amaryl Max
Handok Pharm said it has recently launched once daily Amaryl Max (glimepiride plus metformin HCl) for treatment of type 2 diabetes.
Amaryl Max is a better treatment option than glimepiride if weight gain and hypogl...
Boryung launches new ulcer drug
Boryung Pharm said it has recently released Stogar (lafutidine), a newly developed histamine H(2)-receptor antagonist.
Stogar is indicated for treatment of Helicobacter pylori and inhibits daytime (i.e., postprandi...
GSK unlikely to raise wholesaler margin
GlaxoSmithKline will not raise wholesaler margin in consideration of its relationship with Zuellig Korea.
Kim Chung-ho, managing director of GSK said in a local workshop that the company is willing to support a ban...
Drug makers tightens preventive measures against possible damage
Pharmaceutical salespersons have been busy collecting drug distribution related information affecting their companies, such as financial status of hospitals, wholesaler and pharmacies.
“The collect information is q...
Multinational pharmaceutical firms occupy 35% market share
Over the years, Korean firms had to give up the home market to powerful global companies coming in with good medicine and better marketing strategies.
According to the IMS Korea, non-Korean firms' market share mode...
