News About: Pharm. Industry
Stiefel Korea, UCL to expand cosmetic ties
Stiefel Korea will expand its business relationship with UCL, a local cosmetics producer.
Stiefel Korea signed a contract with UCL on January 16 to market Paramela, a UV-blocking cosmetic in hospital sector from th...
KFDA approved sustained release type of human growth hormone.
LG Life Science had succeeded in the development of sustained release type of human growth hormone (LB03002) by their own technologies and recently received a KFDA approval.
LG has developed the new type of human g...
Proprietors of pharmacy to benefit from tax benefit
Proprietors of pharmacy will receive a tax deduction from this July as pharmacy's income tax is to cover dispensing fees, other than the cost of medication.
Under the current taxation system, pharmacies are obligat...
Large drugmakers to be active in R&D
Domestic big pharmaceutical firms are expected to focus on their research and development (R&D) sector this year in an attempt to cope with a new harsh environments involving the FTA and the government's new drug pric...
Stock prices jointly hiked due to Hanmi's purchase of Dong-A stocks by 6.27%.
The recent public news about 6.27% of Dong-A stock owned by Hanmi enticed a joint stock price hike of both companies.
The security business community speculated that more than 6% of Dong-A stock purchased by Hanmi...
Exforge gets U.S. approval, Novartis says
Swiss drugmaker Novartis AG said its Exforge antihypertensive medication has recently received approval from the U.S. Food and Drug Administration (FDA).
Exforge combines valsartan and amlodipine besylate in one pi...
Novartis Korea breaks 200 billion won in 2006 salses
In just three years, Novartis Korea pushed up its annual sales by a whopping a 200 billion won level backed by robust business growth of its flagship products, including Diovan, a highly selective angiotensin II recep...
Hanmi as most favorite company to inherit for children.
Hanmi was elected one of the top 10 most favorite companies for children to inherit in Korea according to a survey titled "The most favorite stocks to inherit for children" conducted by a daily economic journal toward...
Lilly to terminate Cialis co-marketing contract with Daewoong.
Taking effects from this year Lilly Korea will market Cialis exclusively by the occasion of the co-marketing termination with Daewoong since Aug. 2003, which may give a big question as to whether the rapid market grow...
GSK's chief executive officer to visit Korea
GSK Chief Executive Officer JP Garnier will make his first visit to Korea to commemorate its Korean unit's brilliant sales achievement in the Korean pharmaceutical market, according to a company spokesperson.
GSK r...
