All Type of News
MasterControl opens Korean branch
The U.S. based MasterControl Inc., a global provider of quality management software (QMS) solutions for the life science and manufacturing industries, said Tuesday it has launched its Korean branch, MasterControl Kore...
Hanmi, Sanofi-Aventis Korea announce partnership
Hanmi Pharmaceutical said yesterday that it has established a marketing and distribution partnership with Sanofi-Aventis Korea.
Under the deal, Sanofi-Aventis Korea will be in charge of selling Hanmi’s combination...
Baikje eyes drug hospital, logistics business
Baikje Pharm unveiled its plan to venture into hospital and drug logistics business to create synergy when combined with the existing pharmacy business.
The company said Wednesday it has appointed as its managing d...
Celgene’s cancer pill to increase global sales
Celgene Corp. is increasing global sales for its best-selling cancer pill Revlimid (lenalidomide) on new data that may convince doctors to choose the drug as a first option.
Revlimid generated $970 million in sales...
Pharmaceutical firms reluctant to hire able salespersons
Local drug firms are now making efforts to foster their own salespersons and refrain from scouting able salespersons associated with their competitors excessively.
As their profits continue to fall in the domestic ...
Government spent 114.9 billion won to comprehensive research projects over 8 years
The Ministry of Education, Science and Technology said Monday it will announce the final research outcomes made over the past eight years.
As part of its efforts to create Korea’s new growth engines, the ministry h...
CJ to discontinue selling Hituben
CJ Cheil Jedang will not continue to maintain its strategic alliance with Takeda Korea over Hituben, a cold remedy.
CJ and Takeda Korea agreed not to renew the contract which will expire at the end of December.
...
Small drug makers scramble to survive
A small drug firm has recently decided to supply its drugs through wholesalers, discarding its policy to make a direct transaction with pharmacies.
Market sources said that the company has endeavored to lower costs...
Pharmaceutical firms' operating profit dips 7.2% in nine months
A pharmaceutical information provider said Monday that Korean pharmaceutical companies saw their nine-month operating profits drop 7.2 percent, compared to 10.6 percent from a year earlier due mainly to shrunken marke...
Sales of 11 OTC drugs at convenient stores
Despite years-long opposition from pharmacists, a total of 11 over-the-counter (OTC) drugs including analgesics and painkillers are being sold at 24-hour convenience stores around the country starting Thursday. But pr...
