News About: Pharm. Industry


Pfizer Korea is moving to new building at Myungdong

Pfizer Korea is moving to new building after 38 years at its location of Kwangjang dong, a company official said on May 10. Pfizer Korea will move in the middle of June to new premises in Central Seoul The buildi...

Combined sales of 5 leading firms up 12 percent in 2006

The combined earnings of five drug makers, which ended its fiscal year in March, posted 1.7 trillion won in 2006, up 11.5 percent compared with 965.1 billion won a year earlier, according to Yakup Shinmoon. D...

Modified new drug R&D is key for drug industry to survive.

Director Yeo Jae-cheon of Korea Drug Research Association stressed to say under the title of "Today and tomorrow of our R&D for modified new drugs" in the Spring symposium of the Korea Society of Pharmaceutical Scienc...

Hami expects Maxibufen sales growth

Hanmi Pharm said its independently developed Maxibufen (dexibuprofen) syrup, an analgesic and antipyretic agent for children, will become the second growth engine for the compan...

Diabex symposium to be held

A symposium to mark the 50-year launch of Diabex (metformin HCl), an antihyperglycemic agent, will be held nationwide including Seoul, Pusan and Daegu. Daewoong Pharm, the sp...

EU to launch offensives in pharmaceutical sector

The trade chiefs of Korea and the European Union officially launched talks for a free trade agreement in Seoul on May 7 in pursuit of building economic clout in each others' regions. Korea's negotiation team is le...

Conglomerates seeking their futures from pharmaceutical industry?

While a floating rumor attracted keen interests to the public that Samsung, the top conglomerate group in Korea, may step into the pharmaceutical industry soon, some observers said that local conglomerates could stage...

53 drug companies swear autonomous conduct of fair trade act.

53 local pharmaceutical companies declared to adopt an autonomous conduct of the fair trade observance program (CP) on May 9 in presence of chief commissioner Kwon Oh-seung of the Fair Trade Commission (FTC) and 150 d...

Shinhan Bank to offer PharmPay service

Shinhan Bank, the nation's fourth-largest lender, said on May 9 it has just provided a PharmPay service to pharmacies across the nation. The service will provide seamless financial services to proprietors of pharma...

Boryung resupplies Buspar tablets

Boryung Pharm said on May 8 that it has resupplied, through BMS Korea, Buspar (buspirone HCl) tablets 5 mg and 10 mg, an anxiolytic agent and a serotonin receptor agonist belonging to the azaspirodecanedione class of ...

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