News About: Pharm. Industry
Battle looms over topical anti-inflammatory medicine market
Mentholatum Korea and Boryung Pharm are set for a fresh battle for leadership in the domestic topical anti-inflammatory drug sector.
Boryung says it has started shipping its new spray form of Mendamneo in addition ...
Wholesalers struggling to boost OTC sales
Drug wholesalers have recorded sluggish earnings growth over the previous months on poor demand for OTC products.
Moreover, they are finding it increasingly difficult to boost their OTC products amid growing inven...
Cut-throat competition weighs down small-sized manufacturers
Many small- and medium-sized pharmaceutical firms find it much harder to increase their revenues amid fierce competition in domestic generic drug market.
The top 30 pharmaceutical firms, which are relatively rich i...
Roche, AIDS patients to seek compromise over Fuzeon
Roche Korea says its president will have a consultation with AIDS patients sooner or later to discuss the possible supply of Fuzeon, a treatment for AIDS.
“Roche Korea needs to express its explicit position on the ...
Multivitamin Centrum is not expensive, Wyeth Korea says
Wyeth Korea, an importer for multivitamin Centrum, has clarified that the Korean price tag of Centrum is inexpensive compared to other same brands in other countries.
The company said in its press release that the ...
Koreans pay 5 times for imported multivitamins
Korean consumers are paying five times the price for imported multivitamins compared to those in advanced economies like the United States pay, a report found on July 1.
According to a report by the Korea Consumer ...
Government urged to ban indirect advertisement of Champix and Gardasil
The Korean Pharmacists for Democratic Society has called for the government to prohibit two foreign-invested pharmaceutical firms’ television advertisements – Pfizer’s smoking cessation medicine “Champix” and Merck’s ...
Pfizer’s sponsorship over Champix stirs debate
Pfizer Inc., a multi-national drug maker, is accused of trying to gain publicity for smoking treatment Champix that may not be advertised.
The company has been financing online, television and print commercials for...
Leading pharmaceutical firms’ sales up 11.5% in second quarter
The combined sales of the 10 major domestic pharmaceutical manufacturers in the second quarter of this year marked a growth rate of 11.5 percent, while their combined operating income plunged by 1.2 percent, according...
Pharmaceutical firms' business model failingThe "blockbuster" business model of pharmaceutical companies is failing, according to Sang-Won Lee, senior researcher of Korea Health Industry Development Institute.
Lee said...
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