News About: Pharm. Industry
A drugmaker caught bribing hospitals
The prosecution said on October 20 that Yuhan Corporation, the nation’s leading pharmaceutical firm, were found to have provided rebate-offerings of 50 billion won to area hospitals, according to a local news media.
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Korean drugs deemed expensive
A survey of 38 new drugs whose insurance prices were determined until September this year showed that Korean medicines are expensive by global standards.
The Health Insurance Review and Assessment Service reported ...
Pfizer’s new plan unlikely to affect Korean unit
Pfizer Inc’s drive to create more focused business units will not affect Pfizer Korea, its Korean business unit.
“Major restructuring in Pfizer Korea will be foreseeable in the near future as the pendulum of the ph...
Multinational companies to strengthen R&D in Korea
Multinational pharmaceutical firms are expected to strengthen research and development (R&D) capability in Korea in cooperation with local research institutes to step up studies in related fields.
Key officials fro...
Lawmaker calls for new prescription plan
The government should boost the local pharmaceutical industry by a new prescription plan, under which doctors will be required to prescribe the actual chemical agent instead of the name of a specific drug product as t...
Cold drink market warming up
The drink market of cold remedy is newly gaining momentum with Chong Kun Dang Pharmaceutical who will see the opportunity in the field where three leading firms – Dong-A Pharm, Dongwha Pharm and Samsung Pharm - have b...
The Crucial Interaction Between Brand Life Span and Market Life Cycle
Korean pharmaceutical companies need to recognize the importance of life cycle management which has been employed by multinational pharmaceutical firms, according to a local patent attorney.
In a recent patent rela...
Sliding value of won set to deal setback to pharmaceutical industry
The sudden fall of the Korean won against the U.S. dollar is posing a threat to the domestic pharmaceutical industry.
Drug makers are increasingly concerned about the won's weakness as the won’s rapid depreciation ...
Ahngook launches intensive marketing over needle-free injections system INJEX
Ahngook Pharm unveiled its plan to boost its needle-free injections system INJEX through a TV commercial to prevent diabetic patients’ anxiety created by having to "stick oneself."
Most diabetics need several injec...
New fair trade code to be approved by FTC
The Fair Trade Commission is likely to approve a new fair trade provision which was drafted by the Korea Pharmaceutical Manufacturers Association, according to a KPMA official.
The fair trade code contains more str...
