News About: Pharm. Industry


GSK threatens to slash wholesaler margin

Domestic wholesalers in Seoul are worrying about GlaxoSmithKline's sudden notice to reduce wholesaler margins in parallel with GSK's internal management policy. Seoul based wholesalers convened a special meeting to...

'Atacand Day' stimulates teamwork and sales for AstraZeneca Korea

AstraZeneca Korea says that its Atacand Day program, which has been launched every month since last March this year, has served to boost employees' spirits and helps them to stir up creativity and synergy effect. T...

Kim Young-joo named as head of Merck Serono's pharmaceutical division

MSD Korea has appointed its executive managing director Kim Young-joo as a new head of Merck Serono's pharmaceutical division. Merck Serono, the new division for innovative small molecules and biopharmaceuticals of...

FTC to toughen regulations against undue business practices

Korea's antitrust watchdog will toughen regulations on pharmaceutical firms and crackdown on their contributions, rebate and other unfair business practices for using their products at hospital, including internationa...

SinSin supplies medical plasters for US Wal-Mart Stores

SinSin Pharm says that it has exported to the U.S. market its medical plasters worth $3 million on an annual basis, under an agreement with two large drug stores, CVS and Walgreen Drug Store. CVS is the largest pha...

Pharmaceutical business lobby group calls for government's support

The government needs to work out measures to support the domestic pharmaceutical industry to maximize the effect of its free trade pact with the United States, such as easing of administrative red tape and tax breaks ...

Hanmi won patent lawsuit over finasteride

The district court has recently upheld the patent of Hanmi Pharm's finasteride 1mg in a lawsuit raised by MSD Korea. MSD Korea, an original developer of Propecia, filed a lit...

AstraZeneca Korea gets approval from KFDA over Seroquel XR

The Korea Food and Drug Administration has approved AstraZeneca Korea's once-daily Seroquel XR (quetiapine fumarate) extended-release tablets (50mg, 200mg, 300mg, 400mg)for treatment of schizophrenia, a company spokes...

Dongwha gets presidential award at 2007 HITEK

Dongwha Pharm received the Presidential Award in 2007 Health Industry and Technology Exhibition of Korea (HITEK) on December 6 at Seoul Educational Culture Center located at Yangjae dong, Seoul, Korea, in recognition ...

Korea to host Asian Oceanian Congress of Radiology in 2008

Korea will hold the 12th Asian Oceanian Congress of Radiology (AOCR 2008) to be held in Seoul, from October 24-28, 2008, according to the Organizing Committee. Since its firs...

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