News About: Pharm. Industry
Merck Korea picks new presidentJuergen Koenig has been named as the new president of Merck in Korea (Merck Ltd and Merck Advanced Technologies Ltd), according to a company spokesman.
Before joining Merck i...
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Two biz groups urged to seek mutual collaboration
There are mounting voices that the Korea Pharmaceutical Manufacturers Association (KPMA) and the Korean Research-based Pharmaceutical Industry Association (KRPIA), long-time rivals, should join hands to comply with th...
Green Cross joins international fair for mother & babyGreen Cross Corp. (GCC) says its affiliated companies – Life Line and Green Cross Life Insurance - have joined the 4th Seoul International Fair for Mother & Baby, which was held...
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Licenses of 2,340 prescription drugs cancelled voluntarily for 7 months
The licenses of 3,776 medicines (including oriental drugs and raw material bulks) from 240 pharmaceutical firms were voluntarily cancelled by drug manufacturers in the seven months of this year owing to relentless pri...
Drug makers blamed for soaring prices
Pharmaceutical companies are taking advantage of the latest inflationary pressures stemming from rising raw material costs to boost their prices, according to market sources.
The retail prices of Dong-A Pharmaceuti...
Confrontation continues over sales and bidding
Domestic pharmaceutical firms have continued a prolonged confrontation over the sales and hospital bidding.
Pharmaceutical sources say more fierce competition in hospital and pharmacy sectors have triggered serious...
Cho-A launches herbal medicine for treatment of central obesityCho-A Pharm says it has launched Salposi containing 18 herbal ingredients, an OTC drug for treatment of belly fat.
Central obesity, the "apple-shaped" obesity, is the accumul...
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Game of truth underlies drug prices
Korean drug makers are the subject of grievances of local consumers amid the recent “blame game’’ with the government over generic prices, as they were found to have been profiteering the most from drug prices.
The...
GSK denies entry of generic business
The Korean unit of GlaxoSmithKline (GSK) has made it clear that it has no intention to set foot into the local generic business, despite spreading rumors.
“We have nothing to with our headquarters’ acquisition of a...
5 pharmaceutical firms ranked in 1,000 Korean enterprises
Five pharmaceutical companies – Yuhan Corp., Choong-wae Pharm, Ildong Pharm, Chong Kung Dang and Taejeon Pharm, has been named in a list of 1,000 companies in Korea with a 60-year history, according to a local report ...
