News About: Pharm. Industry
Yuhan targets W1.7 trillion by 2014
Yuhan Corporation aims to achieve 1.7 trillion won in annual sales by 2014 with the intention of emerging as one of the best-performing pharmaceutical companies in the world, a company executive said recently.
“We ...
Dream Pharma, ICURE to cooperate
Cooperation between Dream Pharma and ICURE and is picking up, with efforts being made to step up exchanges in the are ICURE as of development and application of patch technology and joint research on promising patch c...
Drugmakers skeptical about new bio-related funds
Pharmaceutical circles are skeptical about the government’s plan to create the bio-pharmaceutical funds of 250 billion won.
The Ministry of Knowledge Economy announces its long-term plan to nurture the nation’s bio...
Shares of Choong-wae rallied
Shares of Choong-wae Pharm reached a record high during trading on February 26, driven by bright prospects of new drug development and pharmaceutical bulk export.
Choong-wae ended up 14.6%, to 1,550 won, at 12,000...
Insecticides market contested by 2 foreign invested firms
Business sources say the domestic household insecticides market has emerged as an arena of two foreign makers – Henkel Homecare Korea and Jonson & Johnson Korea.
The two makers plan to target pharmacy market to boo...
Yungjin’s management, labor union to seek co-existance
The management and labor union of Yungjin Pharm will seek its full cooperation amid business downturn.
The company has made its painstaking efforts to stay afloat despite the last five year’s deficit.
Mutual con...
Yuyu’s Uclid wins Korea's new drug development and technology awards
Yuyu Pharm’s Uclid, a combination of ticlopidine HCl and ginkgo biloba extract, has recently won the Grand Prize in Korea’s New Drug Development Award hosted by the Korean Drug Research Association (KDRA)
It took ...
Korean wholesalers at crossroads
The country’s wholesaling medicine business s standing at a crossroads, many experts say.
With large companies and foreign capitals eying to infiltrate into the domestic wholesaling market, Korean wholesalers are s...
KPMA to create fair competition
Members of the Korea Pharmaceutical Manufacturers Association have rolled up its sleeves to stamp out irregular business activities through the recent launching of a fair trade promotion center.
Under the all-out e...
Kim named director of Dongwha
Dongwha Pharm appointed Hyung-wook as its new director, responsible for taking charge of foreign business involving export and licensing.
The 39-year-old Kim worked for the U.S. based LSK BioPartners, Inc. as direc...
