News About: Pharm. Industry
Champix sales soar
Pfizer Korea said on May 31 that its sales of Champix tablets (varenicline tartrate), a medication for smoking cessation, amounted to around 2.0 billion in just one week after it was launched on May 21.
Champix is ...
Daewoong to skip out from mosquito killers market this year.
The market for insecticide products against flies and mosquitos seems to be changed this year.
An industrial source said on May 31 that Daewoong, one of the leading insecticide product suppliers, may not run this ...
B&L's Renu Multiplus ranking the top seller in markets.
The sales of "Renu Multiplus" a multi purpose lens care solution supplied by Bausch & Lomb (B&L) showed ever rising figures in the world markets including Korea because of the market recall of its rival product "Compl...
Health food makers heat up coenzyme Q10 market
The coenzyme Q10 (CoQ10) segment of the health food industry is emerging as a new battlefield as three bulk makers Daewoong Pharm, Samsung Mulsan and Hwail Pharm - are vying for the first spot in the market.
The b...
Ilyang to expand presence in dermatological sector
Ilyang Pharm said it has signed a contract with IBSA a Swiss-based international pharmaceutical company for domestic distribution of dermatological products - Viscoderm and Betesil - to expand their presence in a derm...
Zuellig's business ethics under fire
Zuellig Pharma Korea has faced a bombardment of criticism from its associate wholesalers, as the former has been exercising its arbitrary and unreasonable pressure to slash wholesaler margin repeatedly from its in...
Pfizer Korea to open a new era at Pfizer Tower.Pfizer Korea announced on May 30 that the head office will move up to "Pfizer Tower" (located at 1-11, Hoehyeongdong 3ka Joong-gu, Seoul, 15 floor building) on May 30, and begin...
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Korea FDA orders Complete MoisturePlus solution recall
On May 29, the government instructed the Korean Unit of Advanced Medical Optics to withdraw a Complete Moisture Pluscontact lens solution recall of imported 1.6 million bottles, following reports of an increased risk ...
CoQ10 VQ to debutDaewoong Pharm is preparing to release CoQ10 (Coenzyme Q10) VQ next month.
CoQ10 helps convert food into energy at a very basic,
cellular level and it is an antioxidant.
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Search for next growth engines underway
Few know what will be the growth engines to push the country forward in the coming decades. As the world economy is entering a knowledge-based phase, new drugs are supposed to play the role of making the Korean econom...
