News About: Pharm. Industry


Choong-wae to set up holding firm in July

Korea's leading pharmaceutical manufacturer Choong-wae Pharm will establish a holding company in July to improve corporate governance, the company said in its regulatory filing recently. Choong-wae joins Korea Green C...

Pharmaceutical production in 2006 valued at 12 trillion won.

The KPMA reported on June 21 that the total pharmaceutical production in 2006 reached over 12 trillion won at 12,362 billion won, which was 1.46% of the GDP, and 8.23% up from the previous year of 11,421,600 milli...

SK Chemicals, MSD Korea sign distribution contract

SK Chemicals is expected to sign an agreement with MSD Korea to supply two anti-infective agents - TIENAM (imipenem/cilastatin sodium) and INVANZ (ertapenem sodium) whose patent is owned by MSD Korea. Through the c...

KFDA head Moon Chang-jin to name vice miniser of MOHW.

Following the nomination of new MOHW minister Byeon Jae-jin the new posts were internally nominated the KFDA chief commissioner Moon Chang-jin for the vice minister of MOHW and Mr. Kim Myeong-hyeon, the vice chief com...

Major pharmaceutical manufacturers rushing to China

Korea's leading drug makers, including Dong-A Pharm, Ilyang Pharm and Hanmi Pharm, have been rushing to China by adopting aggressive expansion strategies in a bid to secure stronger positions to compete with global ri...

Jeff Kindler said "a joint collaboration makes investment possible."

Chairman Jeff Kindler of Pfizer, one of the gigantic multinational pharmaceutical company in the United States, said in his visit remarks just before leaving Korea after his 2 d...

Domestic pharmaceutical stocks gaining momentum

Pharmaceutical stocks have started to attract investors' attention as hopes are running high that technology-related businesses will rebound in the latter half of this year, analysts say. Korea's KOSPI index closed...

Joint strategic alliance between Samyang and Handok.

Handok and Samyang tightened their business collaboration especially in the patch dosage form area. Two companies said on June 15 that Handok would be responsible for the marketing of 3 patch-form of products deve...

Pfizer and KRIBB jointly to research for cancer drugs.

Pfizer and Korea Research Institute of Bioscience and Biotechnology (KRIBB) have made an MOU agreement for a joint research collaboration of the new therapeutic drugs in the are...

Dongwha to transfer DW224a technologies to U. S.

Dongwha has developed a new quinolone antibacterial agent, DW225a and recently made its technology transfer agreement with American Pacific Beach BioScience on June 13. Dongwha's stocks ever rose up after the annou...

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