News About: Pharm. Industry


Six clopidogrel makers strives to get national health insurance reimbursement

The nation's six clopidogrel producers have retried to get their products listed in health insurance allowance since their failure last February. The six drug makers include Kwangdong Pharm, Halim Pharm, Pacific Ph...

Sales of foreign-invested pharmaceutical firms up 14.6%

The combined sales of the 22 major foreign drug makers last year marked a growth rate of 14.6 percent, to 3.2 trillion won from 2006, according to data analyzed by Yakup Shinmoon. Their operating income showed an aver...

Overhaul of minimum actually traded price system eyed

The Ministry of Health, Welfare and Family Affairs says there is a possibility that the current minimum actually traded price system will be overhauled for better financial stability of the nation's health insurance f...

GSK appoints new executive managing director in sales unit

GlaxoSmithKline announced on April 18 that Kim Chong-ho was promoted to executive managing director in charge of its whole sales business. He joined GlaxoWellcome in 1988 and...

Won Duck-kwn named Janssen-Cilag business development director

Won Duck-kwn, former managing director of Anhgook Pharm, has been appointed business development director of Janssen-Cilag in the Asia and Pacific region, according to Janssen K...

Third-party deposit system hit snag

The third-party deposit system, which has been promoted by the Korea Pharmaceutical Manufacturers Associations, is in an inactive status due to uncooperative attitudes by the member companies of the Korean Research-ba...

Hydrogel wound dressing market heats up

The domestic hydrgel band market is set to steam up as 30 pharmaceutical firms put out their products to take up more market share in the coming hot months. Following the first introduction of Pharm & Pharm's Derma...

Foreign-invested firms seeking strategic alliances with local drug makers

Business sources say that 21 foreign pharmaceutical manufacturers have already established strategic alliances with domestic pharmaceutical companies for co-marketing and/or co-promotion of 50 new medicines to effecti...

Importation of finished pharmaceuticals is increasing

Influenced by implementation of the current good manufacturing practice, more and more Korean pharmaceutical companies are rushing to import finished pharmaceuticals with small market size, including hormone products,...

Ethical sales in March gains steam

The domestic ethical market for outpatients in March grew 13.2 percent to 646.9 billion won, compared to the same month from the previous year, according to pharmaceutical business sources. Daewoong Pharm led any o...

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