News About: Pharm. Industry
Green Cross reseeks business expansion in vaccine sector
Korea Green Cross Co. is stepping up its efforts to reinitiate its vaccine business, which was turn over to KGC Vaccine Co. in 2000, industry sources said recently.
Officials at KGC Co. said the company signed a 5....
Hanmi Pharm makes $450,000 shipment for cefotiam to China
Hanmi Pharm shipped its first order of cefotiam worth $450,000 to China.
The company said it signed a three-year agreement with two Chinese pharmaceutical firms for the exclusive supply of such antibiotic, first ...
Yuhan Corp. sales rise 10.1% in nine months
Yuhan Corporation said that its nine-month sales this year increased to 250.5 billion won, up 10.1 percent year compared to 227.4 billion won a year earlier.
But In the nine months to September, net income fell 0.3...
Chonkungdang's sales in 3rd quarter rose 12%.
Chonkundang reported that the sales up to the 3rd quarter this year at 136,500 million won grew up by 12.5% over the same period last year of 121,200 million won, the operating income by 36.3% up at 28.9 billion won, ...
Hanmi achieved growth at 37% of sales and 56% of operating income
Hanmi has achieved a remarkable growth up to the 3rd quarter of this year, thank to the favorable sales increase and successful launching of new products, showing 37.1% up of sales at 233,500 million won compared to t...
LG LifeSciences sales rises
LG Life Sciences, Ltd (LGLS), a LG affiliate, said on November 3 said it posted its nine-month sales of 156.3 billion won, up 31.9 percent compared with a year earlier.
In its filing with the Korea Stock Exchange, ...
Monthly wholesaling sales of Norvasc, Amaryl plunged sharply
The third quarter wholesaling sales of Norvasc and Amaryl dipped significantly due to tougher competition in the domestic market, a local newspaper said.
The paper released by the Korea Drug Wholesalers Ass...
Daewoong Pharm ties with Sankyo Co. on hypertension drug
Daewoong Pharm said it would join hands with Sankyo Co Ltd., Japan's second-largest drug maker to promote Sankyo's new one-daily hypertension treatment Olmesartan medoxomil in Korea.
Olmetec, a prodrug, is hydrolyz...
Febuxostat, effectve treatment for chronic gout and hyperuricemia
SK Chemicals and SK Pharm said that TAP Pharmaceutical Products Inc., a joint venture between Abbott and Takeda Pharm, announced its October 19 data showing its investigational medication, febuxostat (codename: TMX-67...
Smaller package of drug gaining popularity in pharmacy
Pharmaceutical business sources said the supply of drugs in smaller package would be further expanded as part of enhancing the brand image amid growing demand from pharmacies and customers since the implementation of ...