News About: Pharm. Industry


Seoul based wholesalers reinitiate selling GSK products

Wholesalers in Seoul decided to re-distribute all products of GlaxoSmithKline from April 15, according to pharmaceutical business sources. In a April 14 meeting with a high-ranking GSK official, which was organized...

Low-priced drugs headache for drug makers

Low-priced or exit-prevention medicines should be excluded from the current small drug package system, according to pharmaceutical sources. These drugs are big headaches for pharmaceutical manufacturers as many fir...

JLC's Binex merger plan hit snag

JLC says that it has failed to acquire Binex due to opposition of its large shareholders, although both companies signed a take-over contract with Binex, a biopharmaceutical firm on January 12. JLC is keen on Binex...

MSD Korea, Daewoong seeking strategic alliance for Januvia

MSD Korea and Daewoong Pharm have recently agreed to jointly market Januvia (sitagliptin phosphate) under their second strategic alliance following Fosamax Plus last March. Approved by the Korea Food and Drug Admin...

Yoon named new president Sandoz Korea

Sandoz Korea appointed Yoon So-ra as its new president on April 15. She was previously a head of Asia-Pacific Division in Sandoz Group. Ex-president Mark Jaggers was trans...

Yuyu to launch Uclid tablets

Yuyu Pharm received marketing approval from the Korean Food and Drug Administration (KFDA) for Uclid, a combination of ticlopidine HCl and ginkgo biloba extract. Uclid will be marketed in June in 80 mg tablet stren...

Yi conducts 18 experiments in space

Boryung Pharm says Korea's first astronaut Yi So-yeon spent the weekend conducting various experiments with samples, including Boryung's three cell lines plant cells and two stem cells. Yi will conduct 18 experime...

Government urged to ease cGMP regulations

The government needs to ease the current Good Manufacturing Practice (cGMP) system, while delaying the implementation period and defining the roadmap of quality control in more detail, according to the Korea Pharmaceu...

Pharmaceutical industry will face stronger headwinds

The combined sales of the 80 domestic pharmaceutical manufacturing firms last year marked a growth rate of 13 percent from 2007. Many say the pharmaceutical industry is in good shape and will fare well going forward, ...

Novartis Korea makes braille name cards for AMD patients

Employees in ophthalmic unit of Novartis Korea are using braille name cards for patients with age-related macular degeneration (AMD). Braille names cards give immediate infor...

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