News About: Pharm. Industry


Enforcement of financial payments report system for pharmas on 1 Jan 2018

From January 1, if a pharmaceutical company(or medical device manufacturer) provides financial benefits to health care providers, it must be summarized in a report, and the report must be stored; moreover, if the Mini...

FTC starts intensive inspection about patent license on 71 pharmas

The FTC will intensively inspect the custom related to patent license in the pharmaceutical industry, such as pay-for-delay, on 71 pharmaceutical companies in Korea. The Fair Trade Commission(FTC) announced on the 26...

KPBMA’s aggressive moves for open innovative ‘hub’

The Korea Pharmaceutical and Bio-Pharma Manufacturers Association(KPBMA) has attracted attention as showing bold moves to make Korea an open innovative hub for industries, universities and institutes in terms of pharm...

“Pharmaceutical and biotechnology industries badly need ‘government’s support’ to grow”

An opinion was suggested that Korean pharmaceutical companies badly need the government’s support to expand their market share in the new drug development market and nurture the pharmaceutical and biotechnology indust...

Yuhan Corporation spreads possibility of developing innovative medicines

In order to get ready ahead of the aging society that is globally spread and develop innovative medicines to treat diseases related to the trend, Yuhan Corporation has selected a strategy to focus on the anticancer an...

Hanmi Pharm creates the highest number of quality R&D jobs in entire industry

Hanmi Pharm is creating an explosive amount of jobs in the R&D field that the company intensively invested into. According to Hanmi Pharm on the 21st, the number of regular emp...

440 companies founded last year, giving prediction of 2nd bio-venture boom

The 2nd bio-venture boom was predicted as more than 440 bio small and medium companies were founded last year.  According to data of the ‘Korean biotechnology small and medium venture foundation status’ recently publ...

SK Biotek acquires Bristol-Myers Squibb’s factory in Ireland

SK Group will acquire a factory of Bristol-Myers Squibb(BMS), a global pharmaceutical company, in Ireland. “Our subsidiary, SK Biotek, will acquire a Bristol-Myers Squibb’s large pharmaceutical ingredient factory(pro...

Huons Global will participate in ‘U.S. Bio International Convention’

Huons Global(CEO Sung-Tae Yoon, Wan-Sup Kim) announced plans to participate in the ‘Bio International Convention,’ the world’s largest bio event, from the 19th in San Diego and intensively focus on promoting ‘Hutox,’ ...

Cosmetic companies’ ‘well fight’ against unfavorable factors in 1st quarter

Major Korean cosmetic companies’ sales in the 1st quarter were decreased compared to the last quarter(4th quarter of 2016), but were increased compared to the same quarter of the last year, which was observed to well ...

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