News About: Pharm. Industry


Daewoong Bio appoints Byung-Gook Yang, former director of KCDC, as CEO

Daewoong announced appointment of Byung-Gook Yang, a former director of the Korea Centers for Disease Control & Prevention(KCDC), as a new CEO of Daewoong Bio. CEO Byung-Gook Yang is a specialist(family medicine) and...

LG Chem recruits Ji-Woong Sohn, former CMO at Hanmi, as Head-Life Science

In order to actively nurture itself in the red biotechnology field, LG Chem will recruit Vice President Ji-Woong Sohn(53), a former CMO(Chief Medical Officer) and Head-New Drug at Hanmi Pharm, as Head-Life Science Dep...

Chong Kun Dang’s frightening upturn to KRW 1 trillion sales

With the uptrend, Chong Kun Dang is getting very close to KRW 1 trillion sales. In the 2016 Business Result Announcement(tentative), Chong Kun Dang announced to record KRW 832 billion sales in 2016. The amount is sig...

What are strategic considerations for IPR in U.S. pharmaceutical and biotechnology fields?

A filing procedure, called Inter Partes Review(IPR), conducted to review the patentability in a technology patent registered in the U.S. pharmaceutical and biotechnology market, is conducted by a law body of the U.S. ...

Rumors about next chairman of KPMA while Former Rep. Hui-Mok Won rises

While there are a lot of advance rumors about who will be the next chairman as Korea Pharmaceutical Manufacturers Association(KPMA) Chairman Kyung-Ho Lee expressed resignation remaining a year left for the end of offi...

Restriction on KPMA’s office term of chairman and vice chairman to 6 years

The pharmaceutical association’s office term of chairman and vice chairman will be restricted to 6 years at the maximum. The Korea Pharmaceutical Manufacturers Association(KPMA) held the 3rd Chairmen’s Meeting at She...

KPMA’s board reorganized with owners of pharma

The Kore Pharmaceutical Manufacturers Association’s(KPMA) Chairmen’s Board(Chairman Heng-Myung Lee, Myung In Pharm Chairman) will be formed with owners of pharmaceutical company; thus, it seems decision-making process...

Prosecution’s search and seizure on medium pharma right after ‘Lunar New Year’

The prosecution has started to investigate pharmaceutical companies again. Seoul Southern District Prosecutor’s Office was known to search and seize a medium-sized pharmaceutical company located in Seoul on the 31st....

Which will be first target for prosecution’s rebate investigation this Feb?

Pharmaceutical companies have become tense since the prosecution is taking fine aim at pharmaceutical companies. According to the pharmaceutical industry, after indicting the multinational pharmaceutical company Nova...

Will all ‘Big 5’ pharmaceutical companies join in ‘KRW 1 Trillion Sales Club’ this year?

The industry has paid attention to how many pharmaceutical companies will exceed KRW 1 trillion sales this year. After Yuhan Corporation exceeded KRW 1 trillion sales for the first time as a pharmaceutical company in...

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