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UK, attractive destination for Korean drug firms’ investment
UK is one of the attractive countries where Korean drug companies can have an easier access for their investment, according to a global investment promotion agency.
In a local forum organized by the Korea Health I...
Nature Cell to distribute RNL Bio’s adult stem cell therapy
RNL Bio, a Korean biotechnology venture and Nature Cell said Monday that it has signed a distribution agreement for the exclusive sale of RNL Bio’s new adult stem cell treatment for Buerger’s disease.
Buerger's di...
Concern grows over safety of OTC drugs
Janssen Korea is pulling two children’s Tylenol syrups manufactured after May 2011 due to excessive contents of acetaminophen, raising concern over the safety of over-the-counter drugs.
The Ministry of Food and Dru...
Wholesalers, university hospital wrangle over supply of diagnostic reagents
Local wholesalers and Dong-A University Medical Center in Busan are locking horns over the supply of diagnostic reagents and medical supplies.
The hospital said Tuesday that for its efficient management, 40 associa...
SK Chemicals wins innovation award
SK Chemicals has won SK SUPEX Council’s Innovation Award for its contribution in upgrading the company’s drug technology, officials said Tuesday.
SUPEX Council, a top decision-making body in SK Group, is divided in...
Cinfa Korea launches orthopedic productsCinfa Korea, a Korean unit of Spain based Cinfa Laboratories, announced Monday that it had rolled out Cinfa’s leading medical device Farmalastic for hospital market here.
Far...
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Daehan New Pharm strikes oil in Kazakhstan
Daehan New Pharm said Tuesday that its joint oil exploration project with Roxi Petroleum, the Central Asian oil and gas company, has successfully discovered an oil reservoir in the south field in Kazakhstan.
Roxi h...
Albis takes on competitors’ brands
Daewoong Pharmaceutical is enjoying brisk sales of its new anti-ulcer drug, Albis.
Sales of Daewoong’s H2 receptor antagonist reached over 42 billion won last year, making it one of the top-selling drugs in the co...
Multinational drug firms parsimonious on donations
Foreign pharmaceutical companies have come under strong criticism here due to their stingy donations over the past several years.
According to a pharmaceutical information provider Yakup.com, 29 foreign invested fi...
Rumors spread over sale of small drug firms
A flurry of rumors - several small drug companies with the sales of billion won proposed to put up for sale due to their falling revenue - is circulating in the domestic pharmaceutical industry, fueling more curiosity...
