News About: Pharm. Industry
Lawmaker proposed bill to notify drug import related affairs
A bill to ensure the effective management of imported drug business was proposed by Rep Lim Doo-sung of the ruling Grand National Party on November 27.
Under the proposed rule, a drug importer may notify its change...
Allergan Korea seeks sole marketing of Botox
Allergan Korea says it would stop the joint marketing of an antiwrinkle therapy Botox with Daewoong Pharm to conduct its sole marketing from next January.
Daewoong honored Allergan’s sole marketing in consideration...
Korean drugmakers look to rapidly growing orphan drug market
The total worldwide market for orphan drugs is expected to rise at an AAGR (average annual growth rate) of 9.1% to reach $43.6 billion in 2008, according to market experts.
The future of the orphan drug industry wi...
Rosy prospect expected for leading drug firms next year
Optimism is growing over next year’s outlook for major Korean pharmaceutical companies as there is growing market demand for pharmaceuticals due to the nation’s “aged society'' amid a rapid increase in the number of s...
Dong-A on bumpy road over Stillen
Dong-A Pharm is likely to face a bumpy road next year as many pharmaceutical manufacturers will rush to introduce the first version of Stillen capsule, one of Dong-A’s flagship products for treatment of gastritis, as ...
Bayer hopes to stay ahead of rivals with aggressive marketing
As the pendulum of the pharmaceutical industry is shifting from the West to the East, countries in Asia and Pacific region is set to become the largest drug market in the world.
Although Bayer Schering Korea has en...
Battle gets fiercer over antihypertensive market
Large pharmaceutical firms have waged fiercer campaigns to raise their Cozaar (losartan) generic market share amid forecasts that their revenues will fall gradually due to stronger competition from other 30 drugmakers...
Dual in domestic immunosuppressant market
The duel between Astellas and Hanmi Pharm has reached another round on the local market.
Hanmi Pharm rolled out its tacrolimus generic on November 25, with its own solid-dispersion technology to enhance solubility ...
Korea to set up APEC harmonization center next year
A new harmonization center for APEC (Asia-Pacific Economic Cooperation) will be established in Seoul next year in a bid to harmonize regulatory practices in 21 APEC members, it was announced by officials of the Korea ...
Pharmaceutical stock set fresh records
The stock price of Ilyang Pharm jumped about 200 percent for the consecutive seven days on hopes of stronger earnings, after the company reported in its official filing the approval of ilaprazole, a novel antiulcer ag...
