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12 blockbuster drugs owned by ‘big three’Korea’s so-called ‘big three’ drug makers - Dong-A Pharmaceutical, Daewoong Pharmaceutical and Yuhan Corp. - released 12 blockbuster drugs generating more than 30 billion won of...
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Pharmaceutical wholesalers seek allies over compulsory warehouse space
The Korean Pharmaceutical Wholesaler Association and the government are at odd over the new regulation over the size of warehouse.
On Thursday, a group of drug wholesalers filed an injunction with the he Seoul Admi...
Ilsung re-strengthening strategic alliance with GSK Korea
Ilsung Pharm is actively re-seeking strategic alliances with a Korean unit of GlaxoSmilthKline (GSK) over Augmentin, a penicillin antibiotic for treatment of various injections, using its strong sales and marketing fo...
30 drugmakers to establish new pharmaceutical body
A total of 11 medium- and large-sized pharmaceutical firms decided to set up a new research-oriented body early May, raising a concern from the Korea Pharmaceutical Manufacturers Association (KPMA).
The participant...
Two drugmakers fight against drug price cuts
Guju Pharma and Youngpoong Pharma, small-sized pharmaceutical firms in Korea and the government are at odds over the new regulation slashing drug prices by an average of 14 percent from April 1.
The two drug firms...
Pharmaceutical firms pay 256 million won in executives’ annual salary on average
Pharmaceutical companies listed on the Korea Exchange paid annual salaries near 256 million won to their registered executives on average last year, according to Yakup.com., a pharmaceutical information company, citin...
1.5 trillion won to treat lung cancer for 5 years
The Ministry of Health and Welfare said Wednesday that the National Health Insurance Corp. spent a total of 1.5 trillion won for treatment of lung cancer patients over the past five years.
The number of lung cancer...
KOS to hold international ophthalmology congress
The Korean Ophthalmological Society (KOS) said yesterday it will hold its 27th Asia Pacific Academy of Ophthalmology Congress at Bexco, Busan, between April 13 and 17, with about 6,000 delegates from more than 80 coun...
Average annual wage of DaewoongㆍYuhan Pharma employees reaches 60 million won
The average annual salary of Daewoong Pharmaceutical’s workers stood at 64 million won, the highest among Korea's leading drug firms, pharmaceutical information company Yakup.com data revealed yesterday.
Yakup.com ...
Viagra’s five generics approved
Five local drug firms – Kuhnil, Sam-A, Samjin, CJ Cheil Jedang and Ildong - got another go-ahead from the Korean. Food and Drug Administration (KFDA) to produce ten generic products of the anti-impotence pill Viagra, ...
