News About: Pharm. Industry
J&J agrees to set up regional headquarters in Jeju island
J&J, a Japanese company, has forged a tentative deal to invest 10 billion won in establishing its regional headquarters in Jeju, Jeju International City Development Center (JDC) said on September 10.
The Tokyo-base...
LG CNS launches home health monitor telemanagement service
Patients who are at risk for hospital admissions due to chronic conditions, often require close home monitoring to prevent any exacerbation of their condition.
LG CNS has launched the home health monitor telemanage...
Bausch & Lomb, 20/10 Perfect Vision to form joint venture
Bausch & Lomb, an eye health company, and 20/10 Perfect Vision, a provider of refractive surgery products, have announced plans to enter into a partnership to concentrate on the laser vision correction industry, accor...
Handok teams up with AmpliMed over promising anticancer drug
Handok Pharm announced on September 5 that it has entered into a licensing agreement with the U.S. company AmpliMed for Amplimexon(imexon, inj.), a lead compound for treatment of various cancers.
Under the terms of...
Wyeth Korea ordered to settle dispute
The Seoul Regional Labor Relations Commission (NLRC) has adjudicated that both management and labor union of Wyeth Korea should settle their dispute arising out of a unionists’ event last June.
The unionists filed ...
W80 bil. Stillen market will heat up
Many major pharmaceutical manufacturers will rush to introduce the first version of Stillen capsule, one of Dong-A Pharmaceutical’s flagship products for treatment of gastritis, as the re-examination period of this me...
SK Chemicals to build new research center
SK Chemicals embarked on a project to create a new research center covering about 1,885 pyong (1 pyong = 3.3 square meters) at Pangyo technovalley, Sungnam City, in a ground-breaking ceremony on September 9.
The re...
New generic pricing system energizes drug makers
The government’s decision to acknowledge the price of a chemically modified medicine with new dosage and administration up to 90 percent of the corresponding original drug has helped boost the domestic pharmaceutical ...
Government to map out policies for nurturing cGMP professionals
The government should also produce policies that could heighten the competitive power of relatively vulnerable pharmaceutical industry, such as a plan to nurture professional people for proper operation of cCMP plants...
34 pharmaceutical firms adopt compliance program
A total of 34 Korean drug makers have declared launch of a compliance program (CP) for fair trade, according to the Korea Pharmaceutical Manufacturers Association.
“We are going to encourage manufacturers to volunt...
