News About: Pharm. Industry
Vita500 shared half of total Kwangdong's sales.
Vita500 of Kwangdong remarkably grew up last year, which was a half of the total Kwangdong's revenue of 187,288 million won, and 4 times more than the previous year of 85,438 million won (341,086 thousand bottles).
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Dong-A grew up with all major products except Bacchus.
Dong-A, the top drug company in Korea, reported that Bacchus, a popular tonic drink in Korea, sold 152 billion won (508,390 thousand bottles) in 2004, showing a slight down from the previous years of 196.9 billion won...
Japan to put more weigh on generic drug markets.The Japanese drug markets having traditionally prevailed with branded drugs seemed to shift more to generic drugs after improving its business concept and undertaking an M&A of ...
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Drug industry to drive speedy growth strategies
Most of the drug makers of the fiscal year ending at Mar. 31 announced speedy business growth strategies in the coming fiscal year ensuing the previous year, largely focusing on the so far neglected OTC drug markets. ...
Boehringer's Buscopan Plus to launch as an OTC.Boehringer Ingelheim Korea will launch "Buscopan Plus" as an OTC pain killer for woman's menstrual pain.
The company said that Buscopan Plus was ideally formulated in combina...
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Lilly Korea to launch injectable Zyprexa.
Lilly Korea announced the market launching of an injectable form of Zyprexa via intra-muscular, a new anti-psychotic drug for the treatment of acute schizophrenia on May 10.
An injectable form of haloperidol anti-...
Drug industry called for more R&D tax cut.
The Korea Pharmaceutical Manufacturers Association (KPMA: chairman Kim Jeong-soo) proposed to the government authorities including the MOFE, MOHW, MOST and MOIE on April 27 that a tax privilege as prescribed in the sp...
Low priced incentive drugs amounting to 620 billion won.
The current provision describes that the pharmacist would be paid with about 30% balance from the expensive branded drugs when substituting for the incentive and cheaper drugs. The total value of such incentive and lo...
International symposium for Nano technologies on medical science.
Taejoon Pharmaceutical company (CEO: Lee Tae-young) and Korea Society of Imaging Medicine (Chairman: Huh Gam) jointly hold an international symposium successfully under the theme of "Medical Application of Nano Techno...
Vita500 awarded as best brand of the year.
Kwangdong's Vita500 was nominated as the best brand of the year.
Korea Productivity Consulting Inc. took a 2005 Korea Market Conference at Millenium Seoul Hilton hotel on April 26 and selected to award Vita500 as...