News About: Pharm. Industry
Wholesalers selling over 100 BW on the rise.
Number of the wholesalers selling yearly more than 100 billion won (including affiliates and family companies) showed ever rising trend, recoding 10 more companies last year from 6 in 2001, 7 in 2002 and 8 in 2003.
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Pfizer Korea sponsoring symposium on hypertension.
Pfizer Korea announced a symposium to hold at Chosun hotel in Seoul on May 3 for the physicians working at general hospitals across the nation under the theme of "Drug of choice for keeping an optimal blood pressures ...
Drug wholesalers too flooded almost to self collapse.
Number of local pharmaceutical wholesalers showed ever increasing trend without limit far beyond as expected, making a full market saturation. 140 KGSP granted wholesalers came out in just one year, tolling as of toda...
17 new drugs including Olmetech and Hepsera approved.
Last year the KFDA approved the total 17 new drugs including Daewoong's Olmetch and GSK's Hepsera according to the KFDA report for the new drug approval in 2004 to 2005.
This year the KFDA approved two more new dru...
Bayer to compensate for Aspirin price difference
Bayer Korea said that they would pay compensation for the price difference of Aspirin 100mg that was sold as a non-prescription drug in spite of its NHI reimbursable prescription drug,
From March to June 2004 Bay...
New anti-peptic ulcer drug, Ilaprazole on phase III clinical study.
Il Yang announced that the new anti-peptic ulcer drug, Ilaprazole that was designated as one of the national strategic study projects, was successfully completed with its phase II clinical study in 5 overseas countrie...
Daewoong reports 285 BW of sales and 75% net profit surge in FY2004.
Daewoong closed the 2004 year financing accounts on April 18 covering 285 billion won of sales, 14.7% up and 26 billion won of net profits, 75.7% up respectively from the previous year.
The company announced the 2...
Janssen Korea's scholarships for 118 junior and senior high school students.Janssen Korea took a ceremony of giving scholarships for 118 junior and senior high school students covering one year tuition fees including 2 students from 2 middle schools and...
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Pfizer Korea satisfied in satellite symposium on Viagra.During the 2005 spring conference of Korea Society of Male Sex Science Pfizer Korea took a satellite symposium on Viagra under the theme of "The Heart of Great Sex", in which a ...
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Manufacturers Ask Korea Broadcasting Commission to Lift Ban on Pharmaceutical Advertising
The Korea Pharmaceutical Manufacturers Association (KPMA) recently made a proposal to the Korea Broadcasting Commission (KBC) to lift the KBC’s current ban on the public advertising of pharmaceutical products, based o...
