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Wholesalers in dilemma over drug makers’ operation of online drug shopping malls
Drug wholesalers are now in a dilemma over what stance it should take as Daewoong Pharm and Hanmi Pharm are strengthening their position in the domestic online drug shopping malls to boost their sales.
Wholesalers ...
BMS Korea, Boryung co-market Baraclude in Korea
BMS Korea, a Korean branch of Bristol-Myers Squibb, and Boryung Pharm announced last Friday that the two companies have signed an agreement to co-promote Baraclude (entecavir) in Korea from next January.
Baraclude ...
Medical bills rise 11 percent in 8 years
Korea’s medical expenses have increased at a fast pace, putting an ever growing strain on the balance sheets of the National Health Insurance Corp. (NHIC), the administrator of the nation’s compulsory health insurance...
Drug makers alert over Teva’s advancement in domestic market
Handok Pharm announced Monday that it decided to establish a joint venture with Teva Pharmaceutical Industries, the world’s largest generic manufacturer, raising a concern in the industry.
Market officials said tha...
Title of innovative pharmaceutical firms to be cancelled
Some companies are now at risk of losing their “innovative pharmaceutical firm” status.
The government in June this year had selected 43 pharmaceutical companies, including Dong-A Pharm, to spearhead growth and tr...
Wooridul, Alico will not join Daewoong’s online shopping mall
Wooridul Pharm and Alico Pharm said Tuesday they will withdraw plans to join ‘The Shop,’ an online drug shopping mall operated by Daewoong Pharm.
Pharmaceutical sources said the move is aimed to co-exist with pharm...
Leading drug makers moving to launch online drug shopping malls
A number of drug companies plans to launch their online drug shopping malls as the shopping malls operated by Daewoong Pharm and Hanmi Pharm have been successful.
So far, Korean drug firms tried to slim down and ti...
Ilyang presents updated phase II clinical results for Supect at 2012 ASH annual meeting
Ilyang and its collaborators Monday provided phase II clinical presentations on Supect (radotinib) at the annual meeting of the American Society of Hematology (ASH), which held on Atlanta between December 8 and 12.
...
Medical, pharmaceutical camps divided on presidential poll
With only two days remaining before the Dec. 19 presidential election, the conservative Park Geun-hye and her liberal rival Moon Jae-in engaged in fierce campaigning over the weekend to woo voters in the domestic medi...
Handok Pharm to set up JV with Teva
Handok Pharm Monday said in its regulatory filing that it joined hands with Teva, a global generic drug maker, to establish a joint venture for drug logistics business.
Handok will hold a 49 percent stake in the jo...
