News About: Pharm. Industry
Foreign drug corporations to compete with local firms on rank.
The yearly sales between foreign multinational and local drug corporations seem to be hot competitive virtually this year.
The sales performances last year of local companies vs. foreigners showed a narrow gap, wh...
Jioyoung Group sales will hit 700 billion won this year
The domestic big three wholesalers have expanded market shares, as Jioyoung Group's sales of eight wholesalers posted 602.4 billion won last year.
Baije Pharm and Dongwon Pharm reported their sales breaking a 400-b...
Recalls on drug dwindle sharply
The number of pharmaceutical product recalls dramatically decreased last year as drug makers and importers are placing more weight on quality control for their products prior to marketing, according to a report re...
Medical institutions less using blood preparations.
The use volumes of blood preparations showed ever declining trends since 2002 when the government reviewed the propriety of blood transfusion therapy.
The HIRA reported after the review on the blood transfusion pro...
Exjade (deferasirox), breakthrough once-daily oral iron chelator, available in Korea
Exjade (deferasirox) is the first and only once-daily oral iron chelator for the treatment of iron overload in patients needing frequent blood transfusions for genetic blood disorders such as thalassaemia, sickle cell...
Multinational drug corporations to establish R&D centers in Korea
Many U. S. multinational drug corporations are going to make investments to Korea, exploiting great benefits from the recent KORUS FTA settlement between Korea and the United States.
KOTRA, a Korea trade promotion...
Launching symposium on Glufast held
A symposium to mark the launch of Glufast tablets (mitiglinide), a drug for the treatment of type 2 diabetes, was held at the Marriott Hotel in downtown Seoul recently, according to Choong-wae Pharm.
Glufast, an in...
Drug makers race to expand anti-alopecia market
Korean pharmaceutical firms are racing to grow in size to better position themselves for the "big bang" in local anti-alopecia market, which is estimated to be worth 1 trillion won this year.
The local anti-alopeci...
Total 124 new drugs on development in Korea.
Korea Drug Research Association reported on April 10 under the title of "The New Drug R&D status of major research pharmaceutical companies" that as of Jan. 31 the total number of new drugs on development includin...
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