News About: Pharm. Industry
Conflict escalates over annual salary in Wyeth Korea
Labor union and management of Wyeth Korea will clash over the amount of annual salary for this year as labor union walked away from the table due to an alleged “irreconcilable difference” and requested the Seoul Regio...
Mutual concessions and pain-sharing are essential, Wyeth Korea executives say
Mutual concessions and pain-sharing should be two keywords to tide over the current wage dispute, according to executives of Wyeth Korea.
They claimed it is of course natural that workers demand wage hikes in propo...
Pharmaceutical stocks nosedived by 20% on average
Pharmaceutical shares plunged by 20 percent on average as of September 19, when compared to those at January this year.
Sources said drug stocks dropped on panic selling following the collapse of Lehman Brothers, o...
Wyeth BioPharma exc. vice chairman visits Korea
Robert Repella, Executive Vice-President and General Manager of Wyeth BioPharma, made his visit to Seoul between September 22 and 23.
During his two-day visit, Repella had an opportunity to introduce the company's...
Korean Drugmakers at a Crossroads
Many experts say that the country's medicine business is standing at a crossroad. Is it going take a leap with new, innovative drugs or continue chasing global leaders with copied pills?
Furthermore, behind the li...
Kyungnam set to join prescription market
Kyungnam Pharm, a local OTC maker, has signed a memorandum of understanding with the Korean Association for Vitamin Research to develop DETOX (detoxication therapy), according to a company spokesperson.
The company...
Estechpharma to expand aceclofenac export
EstechPharma is making its full efforts to expand its market share in the European market as its aceclofenac has been additionally approved by EDQM (European Directorate for the Quality of Medicines) through on-inspec...
Drugmakers call for more consistent policy over pharmaceutical industry
Despite a good news that lawmakers will proposed a bill to nurture the domestic pharmaceutical industry, many pharmaceutical firms have urged the government to wok out measures to boost their R&D efforts in a consiste...
Lawmaker to propose bill promoting pharmaceutical industry
A ruling party lawmaker Rep. Won Hee-mok will submit a special bill allowing the government to support the domestic pharmaceutical industry.
Rep. Won said in a forum that the government should work out measures to ...
Myungin eye listing on KOSPI in 2009
Myungin Pharm says the firm is filing an application with the Korea Exchange (KRX), the operator of the KOSPI and Kosdaq, for a review of its listing in the first half of next year.
The Financial Supervisory Commis...
