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Pharmaceutical firms’ sales forecast positive from 4Q
Local domestic companies’ sales are likely to regain their momentum from the fourth quarter thanks much to effects of new drugs launched during the January-March period, according to a local expert.
According to Ha...
Proposed deal with Europe sparks debate in Canadian drug industry
There is a heated debate over Canada's intellectual property (IP) regime, and Canada stands to pay $2.8 billion more every year in drug costs while it undermines its generic-drug manufacturing sector, according to Edm...
Baraclude continues to thrive in the face of limited competition
The domestic hepatitis B market is still dominated by Baraclude (entecavir) with better efficacy and safety profiles and this trend likely to continue.
Developed by the US based Bristol-Myers Squibb, Baraclude does...
Local drug makers boosting R&D spending
Listed pharmaceutical firms have been spending more on research and development (R&D) projects to meet standards for the government support.
The Financial Supervisory Service (FSS) said Monday that the combined R&D...
Major parties to select heads of 18 standing committees
The ruling Saenuri Party and opposition Democratic United Party have begun negotiations to organize the new 19th National Assembly, which will convene on June 5.
In an upcoming plenary session on June 5, the Assem...
A battlefield for Viagra generics
With 28 generic version of Viagra expected soon to flood the market, the low-priced strategy of Viagra generic makers will ignite fierce competition among domestic and foreign competitors.
"It`s war," declared a ma...
Drug stores urged to offer customer-oriented service
A Japanese pharmacist said that pharmacy owners in Korea and Japan must actively establish good relationships with customers in the community with superior customer service, and innovative business strategies.
In a...
Huons, Fresenius Kabi Korea sign deal to sell anesthetic drug
Huons said Thursday it established a strategic partnership with Fresenius Kabi Korea to sell an anesthetic drug.
Under the deal, Huons will be in charge of selling Fresopol (propofol) MCT injection 1% (15 mL and 20...
Korean drug makers see falling market share in April
The country’s Korean leading pharmaceutical companies including top-tier ones have struggled to find their feet in April due to the adverse effects of a government-mandated price cut, while multinational drug firms ar...
Patients to benefit from Viagra patent expiration
With Viagra’s original patent expired on May 17, Korea is expected to see a flood of generics for medications that combat impotence hit the local market next month, led by the aggressive push of CJ Cheil Jedang, a maj...
